Possible bullish wave count on chart. Based on this and stochastics oversold level we could be close to the end of wave A of 4 and might ge going up somewhat next...
Wave 2 was a sharp zigzag correction so wave 4 should not be sharp but flat or triangular according to the guideline of alternation (not a rule)...
Let's see how this develops...
Bias on this TF: up first for wave B and then down again for wave C (D and E will follow in case of triangle).
Wave 2 was a sharp zigzag correction so wave 4 should not be sharp but flat or triangular according to the guideline of alternation (not a rule)...
Let's see how this develops...
Bias on this TF: up first for wave B and then down again for wave C (D and E will follow in case of triangle).
Kommentera:
Wave 5 well on the way!
Kommentera:
Looks like we may get another push up...
