Price is in an up trend as it was shown from our previous posts, we think that we are done with wave 3 and now entering the wave 4 correction as per the Elliott Wave Guidelines. Let's expect a little pull back and there after proceed with the up movement.

For another entry to join the movement, we wait and confirm as to what kind of structure is the correction, we're expecting a Simple Zig Zag as a variation. Nothing is confirmed yet, we wait for the market to unfold.
Chart PatternsTrend AnalysisWave Analysis

Also on:

Disclaimer