Market just finished 1 to 5 Elliot wave pattern, broke downtrend and is heading bullish we are expecting to retrace to 50% fib zone.
Indicators:
AROON: Is already showing strong bullish momentum (orange line crossed blue) EMA: We just crossed 50 EMA zone Bollinger band: we bounced off of a bottom band
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.