1. A clear impulse identified. Marked with a blue arrow. 2. The structure to the left side of the impulse - a three wave move - is likely a flat pattern (wave b does not break wave a, wave C is the largest). 3. If the assumption with the flat plays out, this is the bearish signal.
4. Impulse so far is valid in both direction, whether as part of a bearish flag, as well as the bullish one within a series of waves 1-2 to the upside. BREAKING OUT TO THE UPSIDE SHOULD DELIVER A SOLID TREND. I will show the potential extension lower in the comments section
Note: this is a very early guess. You should be proficient at wave analysis to take quick decisions to manage your risk according to the wave structures on working and minor time frames.
mandclaire
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its possible hit 120$ ? in a month?
UnknownUnicorn3382580
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@mandclaire I did not mean to show timing, just the vertical goals