DYL looks to be rallying again on the back of Uranium gains
There is a clear 5 wave pattern with no overlap of wave 2 and 4
Using Fibonacci extensions of Wave 1 from 4
Wave 1-3 from 4
And Wave 4 from 4
We end up with 2x key levels to watch for potential targets
I will be looking to scale out of some of my position around those levels
There is a clear 5 wave pattern with no overlap of wave 2 and 4
Using Fibonacci extensions of Wave 1 from 4
Wave 1-3 from 4
And Wave 4 from 4
We end up with 2x key levels to watch for potential targets
I will be looking to scale out of some of my position around those levels
Comment:
Bounced off double fibonacci retracement cluster at 0.94 as shown