We're in a impulsive rally highern currently started wave 5.
There are no signs of exhaustion for now so, bullish bias remains intact.
Once 5 waves are in, we can expect a pullback that ideally should be around half of this current rise.
There are no signs of exhaustion for now so, bullish bias remains intact.
Once 5 waves are in, we can expect a pullback that ideally should be around half of this current rise.
Note
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Note
We might still be in wave 4 here.Best option is to play breakouts here.
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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.