Cup and Handle plus Elliot Wave versus Trendline. The battle of the day, who will win?
Possible final retest of .236 fib retracement since fall from top to confirm bottom and proceed upwards.
For a few days now we have bounced off this trendline. Breaking it decisively might turn it into a major support level, while bouncing off might indicate a further drop to the downside to test the .236 fib line which we never backtested. What are your thoughts?
Just a quick scribble, very bullish sign on 15 minute chart. Have we seen the bottom now after an ABC correction and continue our way up?
12345 Elliott Wave followed by an ABC correction. Ready for the next leg now. Target $2.50 (Please like if possible so I can use the chat function on Tradingview, thanks!)