Strong signs of a nice bullish reversal that could drive us way higher, hopefully!
Several targets ahead.. Watch carefully!
One small leg upwards to finish wave c of wave 4, before final-wave-5 decline!!
This could be right in order to complete wave 4. Break out point is the moment of truth here! Safe trading.
Breaking of level 1250 suggests this! Circled wave 4 would be postponed till tomorrow mostly. We'll see.
First leg (a) of wave 4 is finished. Heading towards 0.62 fib. correction at 1251 over the coming few hours mostly. Afterwards, expected target of wave (c) of 4 would be near 1271, since wave (a) has determined the shape to be a Zigzag!! Happy trading.
What wave-4 has to offer? I wonder.