Following the ABCDE elliot wave, we should expect a breakout on the downside as followed by the massive divergence on the weekly and Monthly chart. Not certain enough, I will wait for this one.
It might not be too late to ride the uptrend, I do not think it will reverse right now. I took a long right at the bottom. It seems to be heading to the resistance above. RSI oversold. Let's just see how it goes.
Entered our fib zone, expecting a turn in this area to complete a H&S, RSI overbought, and there's divergence.
Complete H&S pattern, lets see if we can get a downtrend as the 5th impulse wave after retesting the neckline.
Entering our buy zone, let's see how this goes.
Completeing a nice head and shoulders, Potential forming an elliot wave formation, MACD divergence, overbought RSI
Bullish Butterfly, MACD divergence, RSI oversold and it entered the Fib Zone.
Might this be a perfect H&S pattern? Let's see...
After completing a nice bearish gartley, its now in a channel trying to find a way to break out, I am going for short here. Lets just see what happens..
Entered the Fib Zone, RSI oversold, potential Bearish Cypher forming after a nice Head and Shoulders was completed