LINK in retracement
Ok, there are two things I see here:
1) a rising channel, which is a bearish pattern whose target is indicated by the rectangle;
2) an impulsive EW formation which is over and an ABC correction in the process which should stop close to the target
so if 1+1 = 2 it should be it. Moreover indicators say this is a retracement. Let's wait and see.
1) a rising channel, which is a bearish pattern whose target is indicated by the rectangle;
2) an impulsive EW formation which is over and an ABC correction in the process which should stop close to the target
so if 1+1 = 2 it should be it. Moreover indicators say this is a retracement. Let's wait and see.
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