Just a idea based on a possible elliot waves / fibonacci chart.
If we take the big move up weve had as a impulse wave, and after that see the second high as a wave B in a irregular flat elliot correction wave. which has a C of 1.236/1.618 from wave AB. this would be te outcome. aligning with fibbonaci levels, horizontal and diagonal support/resistance levels.
Give me your feedback!
If we take the big move up weve had as a impulse wave, and after that see the second high as a wave B in a irregular flat elliot correction wave. which has a C of 1.236/1.618 from wave AB. this would be te outcome. aligning with fibbonaci levels, horizontal and diagonal support/resistance levels.
Give me your feedback!