Nice looking up trend. This longer trend is on the correction with the wave 4.
Wave 4 is forming either as a zigzag or flat pattern. There is an impulsive move after wave 5 of a larger wave 3. I indicate that one as a wave A. So, Wave b could be end up near the previous resistance or it could retrace around 0.618 of a fib ratio and further go down forming a zigzag pattern.
Wave 4 is forming either as a zigzag or flat pattern. There is an impulsive move after wave 5 of a larger wave 3. I indicate that one as a wave A. So, Wave b could be end up near the previous resistance or it could retrace around 0.618 of a fib ratio and further go down forming a zigzag pattern.