Here we find a technical bullish Wolfe Wave Pattern. With price closing above the formed falling wedge's end point. Therefore in my experience this Wolfe Wave is in play. I will be using the green trend line formed from waves 1 & 3 as a target price.
On the monthly we can see a pretty nice bearish Wolfe wave wedge formed, with wave 5 already making its peak or swing high. This Wolfe wave is now be considered in play and looking for its target. ( I know im posting weekly chart ) BUT... We are coming to a crucial support level that we have not yet tested. I would not put all my marbles on it, but I would not be...
