tomorrow is FUJITSU conference, I am really confused if we are looking for ending 5th wave as bigger wave 1, or this conference invalidates my actual count if you have better idea by elliot wave rules, share it I am awaiting higher high on daily RSI for confirmation - around 85
Hi guys, i think we are looking on abcde correction for impulse wave up look on histogram at 1h timeframe and RSI also, making triangles for big breakout its best time to make your DYOR for IOTA background at the moment
i see 5 waves up -> possible wave 1 of 5 have done. retrace below neon blue marked line invalidates count - closing below wave 1 we should retrace after 5 wave up, I see possible strong bullish scenario because we breakout with higher high, also breakout of yesterdays purple RSI line (tested as support, bounced higher with price action) - posted as abcde...
descending triangle forming, descending triangle on RSI - 30 min broken and retested now as resistance, descending histogram on macd