NOVO Up Trend
TREND
We may be at the end of the correction, namely the 3 ABC waves within the downward (orange) channel.
It may form a reversal formation with the blue harmonic pattern.
At the same time, the TOBO formation will also be formed.
MA
In this case, the 100-day (turquoise) will have worked as support.
The last 100-day was seen in 2021.
Thus, the upward trend can continue without breaking the 20-day to 50-day.
We may be at the end of the correction, namely the 3 ABC waves within the downward (orange) channel.
It may form a reversal formation with the blue harmonic pattern.
At the same time, the TOBO formation will also be formed.
MA
In this case, the 100-day (turquoise) will have worked as support.
The last 100-day was seen in 2021.
Thus, the upward trend can continue without breaking the 20-day to 50-day.
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