Its bullish channel had been broken and after that, it has shown a great desire to make pullback on it! I consider it as the third main wave of Elliot's impulsive waves!
The second main wave made and price correction ABC pattern, so I expect the fourth main wave to make a time corrective wave!
Hence, the fifth wave of the main waves maybe appears at the 1.618 of the third wave!
Note: trade with your own analysis and just let me know your opinion about my idea!
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The second main wave made and price correction ABC pattern, so I expect the fourth main wave to make a time corrective wave!
Hence, the fifth wave of the main waves maybe appears at the 1.618 of the third wave!
Note: trade with your own analysis and just let me know your opinion about my idea!
Thank you for your attention! please press the Like button if your it! FOLLOW me for more!