Based on the chart :
You can see correction(abc) ended when the market was choppy at the lows, accumulation started, then we broke out of the sideways cycle, accumulation cycle, Then an upward movement is expected until further high's
There's a previous analysis on Link i did, so check that out as well.
You can see correction(abc) ended when the market was choppy at the lows, accumulation started, then we broke out of the sideways cycle, accumulation cycle, Then an upward movement is expected until further high's
There's a previous analysis on Link i did, so check that out as well.
Note
We still have a long way to $52 before looking for alternate movements, but for now still bullish.
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Related publications
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.