Waves Breakout
Waves had a nice breakout of the descending trendline and one daily resistance (confluence with fib level). Rn is retracing after a testing on another strong daily resistance. Waiting for a bounce on the support line or the slows EMAs. Could form a bull flag.
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.