OK so I think we just found our swing low of the General wave Impulse up! This is really Bullish guys! Next areas of interest are the red lines.
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To be clear guys, when I mentioned in past TA's I believed I may have a more clear picture of the wave count, The "Start of Impulse up" was that point and is what allowed me to call the highest probability of the break from the smaller Ascending Triangle at $9k in advance. The signals I'm seeing now only further validate this idea.
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It's incredibly important to hold this level to see some nice gains starting today rather than tomorrow. Popcorn time!
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Boom!
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I must admit, I never get bored with that! Hope it helped you guys like it helped me!
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I'm updating this chart with the prior targets before I posted this up movement. I think there's a good chance this move up is an exaggerated B wave and I'd like to remain open to the lower targets. See the Falling wedge within this idea please.
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I do need to be clear everyone, I see potential paths for each direction short term however the one thing that is entirely absent is the signals of a turn down we had the last bounce. In fact I see a bullish uptrend in the oscillators and we've not yet reached oversold in larger time frames. We will revisit that pink trend line eventually but I have yet to read signals saying it's right now. I'm personally not trading in and out right now as I don't see any reason potential lost gains wont be recovered in the near future however lost profits on a bullish move up like the one I nearly missed this morning before seeing it build up before the break would simply be lost.