YOU TAKE CARE OF THEM BULLS. THIS AIN'T NO RODEO COWBOY!
Dear Reader,
We have embarked upon the ascent of wave 5, which will run its course to the region of $ 10 500. I've marked out speculative targets on the chart, which I will update as necessary.
Once this target is reached, I think we will have a further move upwards to $ 11 500 where price will meet overhead resistance of the main channel trend line and cause gravity to take over.
Personally, I am not prepared to take this trade until we complete sub-wave 2 of wave 5.
Happy Trading !
We have embarked upon the ascent of wave 5, which will run its course to the region of $ 10 500. I've marked out speculative targets on the chart, which I will update as necessary.
Once this target is reached, I think we will have a further move upwards to $ 11 500 where price will meet overhead resistance of the main channel trend line and cause gravity to take over.
Personally, I am not prepared to take this trade until we complete sub-wave 2 of wave 5.
Happy Trading !
Comment:
looks like a failed wave .. back to the drawing board!
