Price is sideways for now with a slight bullish tone here in early US session and we are still looking for a resolution in this corrective price action. I favor the triangle scenario for now in this wave 4 as long as above 8850 and prices should be pushing higher upon completion. An alternate count could allow for a deeper pullback in wave 2 considering wave 1 done , but that's on the back burner for now. I want to stress the fact that being just under the important psychological 10k level will make things a bit more difficult to analyze since the defending of this level should be aggressive and comes in contact with a market that wants to test it. Will follow the patterns as they unfold but it could be more watching in here then positioning for the next move.
I have opened 3 telegram channels focused on crypto, forex and commodities , where I will be updating more charts and more frequent analysis along with market commentary. Since i cannot post links here , if you want to join you can go to telegram and search for "cowboy forex markets" , "cowboy crypto markets" and "cowboy commodities markets" . They are free and we will focus only on elliot wave learning and discussions.
I have opened 3 telegram channels focused on crypto, forex and commodities , where I will be updating more charts and more frequent analysis along with market commentary. Since i cannot post links here , if you want to join you can go to telegram and search for "cowboy forex markets" , "cowboy crypto markets" and "cowboy commodities markets" . They are free and we will focus only on elliot wave learning and discussions.