Looking Higher in wave (iii) of {iii} through at least 12.53 against the wave {ii} low of 9.57.
Note
Textbook price action from GNOM as we see prices begin to develop higher in an impulsive manner. The break through 11.0 confirms wave (ii) is complete and wave (iii) of {iii} is likely in progress against the wave ii of (iii) low of 10.23. Should price break back below 10.23, it would signal wave (ii) is incomplete.
Note
Price continues to develop in line with our forecast. Still looking higher through 12.53 against 10.23 as prices develop in wave (iii).
Jayce, CEWA
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Jayce, CEWA
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.