This bullish push beginning on the 28th should be approaching our 30-50% retracement for resistance as we potentially confirm a bearish wave 2. I see plenty of room in the short term for gains as we push towards our bullish subwave 3. My eyes will be on as we potentially see an extended 3rd wave. If it breaks at my mark then I will be watching for the bullish subwave 4 for confirmation. Rinse wash and repeat as we approach the 30-50% retracement and potentially break for a long awaited bull run.
This isn't about predicting if this is going bull or bear. This is about identifying structures that are potentials. As this develops I will be sure to comment. Happy trading out there.
"Stop Losses are for bitches when you are bull." ~MDUTH
Oh man he'll hate it if he reads that.... but he's on a beach in Cali right now so.
This isn't about predicting if this is going bull or bear. This is about identifying structures that are potentials. As this develops I will be sure to comment. Happy trading out there.
"Stop Losses are for bitches when you are bull." ~MDUTH
Oh man he'll hate it if he reads that.... but he's on a beach in Cali right now so.