SUI: Steady or sleepy?
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Followed the count up and hit the target box.
Now
Support Zones:
$1.450: Immediate support level if the price pulls back.
$1.161: A deeper support level, which coincides with significant previous price action.
Elliott Wave Structure: The chart shows a potential completing wave 3, and a potential corrective wave 4 before possibly moving into wave 5, which might bring a new high.
Outlook: The overall trend is bullish but it is getting extended.
Breaking the higher low pattern may be the signal a correction at the larger degree is coming.
Trade Safe.
Trade Clarity.
Followed the count up and hit the target box.
Now
Support Zones:
$1.450: Immediate support level if the price pulls back.
$1.161: A deeper support level, which coincides with significant previous price action.
Elliott Wave Structure: The chart shows a potential completing wave 3, and a potential corrective wave 4 before possibly moving into wave 5, which might bring a new high.
Outlook: The overall trend is bullish but it is getting extended.
Breaking the higher low pattern may be the signal a correction at the larger degree is coming.
Trade Safe.
Trade Clarity.
More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
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