IOTA - possible little bounce for move up
Updated
i see 5 waves up -> possible wave 1 of 5 have done.
retrace below neon blue marked line invalidates count - closing below wave 1
we should retrace after 5 wave up, I see possible strong bullish scenario because we breakout with higher high, also breakout of yesterdays purple RSI line (tested as support, bounced higher with price action) - posted as abcde correction - changed to possible over bullish abc correction due to breakout to higher high.
Purple line breakout with bounce higher, now little bounce to make higher high on RSI but testing white line on RSI with descending triangle - maybe bearish, but not worth shorting for me until we retrace below blue line mentioned in beginning
this is my count only, whats yours ?
// daily RSI could make higher high
fundamental:
so huge announcements behind - also take a look on 23 april on FUJITSU I O T conference.
retrace below neon blue marked line invalidates count - closing below wave 1
we should retrace after 5 wave up, I see possible strong bullish scenario because we breakout with higher high, also breakout of yesterdays purple RSI line (tested as support, bounced higher with price action) - posted as abcde correction - changed to possible over bullish abc correction due to breakout to higher high.
Purple line breakout with bounce higher, now little bounce to make higher high on RSI but testing white line on RSI with descending triangle - maybe bearish, but not worth shorting for me until we retrace below blue line mentioned in beginning
this is my count only, whats yours ?
// daily RSI could make higher high
fundamental:
so huge announcements behind - also take a look on 23 april on FUJITSU I O T conference.
Trade closed: target reached
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