YWWUSD $0.96+? Elliot Wave AnalysisPrice target: 1:1 extension of wave 1
Stoploss: 0.25 (below C)
ABCDE contracting triangle correction with lower highs and higher lows
Contraction of volume during triangle like normal
Bullish indicators:
-Falling wedge on MACD
-MACD kissing after downtrend
-Below 20 on stochastic (best entry would be after it goes above 20)
-Just finished ABCDE allowing for a very safe entry with huge profit potential with very good risk to reward ratio
