Hello traders,
SPX500 - We can break the top from here to complete the smaller wxyxz pattern or we will pull back right now to complete a standard 123 flat pattern before continuing upwards to make new highs.
We will need to re-evaluate the price action after we make new highs to see if any signs of continuation are showing but I think we will have a huge pull back but only to complete the bigger wxyxz pattern and then we will rally again and continue to make new highs for a while before the inevitable monster recession.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & give me a follow if you like what you see.
Thank you,
Good luck
SPX500 - We can break the top from here to complete the smaller wxyxz pattern or we will pull back right now to complete a standard 123 flat pattern before continuing upwards to make new highs.
We will need to re-evaluate the price action after we make new highs to see if any signs of continuation are showing but I think we will have a huge pull back but only to complete the bigger wxyxz pattern and then we will rally again and continue to make new highs for a while before the inevitable monster recession.
If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below!
Please don’t forget to like & give me a follow if you like what you see.
Thank you,
Good luck
