Long in a reversal movement

By gerzhanvv
Updated
A min subwave iii 's appeared to be a diagonal with the thrust to $64.53. Now, the subwave iv is "jumping" to someware between $67-$73 in the wave c in the upper irregular flat wave IV.
There should be (but not obligatory) a bullish RSI divergence for a further subwave v in the wave c to complete IV above the strong resistance for this IV at $58.35 (the top of I marked by the up arrow) and near or lower $62,32 - fib 50% of the length between II ($44.34 dd 20 Jun 17) and III ($80.47 dd 17 May 18).
Trade closed: target reached
snapshot ending triangle with a thrust ahead as well as a rebound to $67-68 after.
Technical IndicatorsTrend AnalysisWave Analysis

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