I think we are forming a expanded flat correction.
Currently we are sitting at the 123% of A and B but from what I see on our indicators we could go up to the 127% fib level.
Our ADX is showing a strong trend to the upside and no bearish divergence showing up on the MFI or TSV
We are overbought on the MFI but currently the trend is strong so my guess we will stay up in that area of overbought
Thanks
God bless
Currently we are sitting at the 123% of A and B but from what I see on our indicators we could go up to the 127% fib level.
Our ADX is showing a strong trend to the upside and no bearish divergence showing up on the MFI or TSV
We are overbought on the MFI but currently the trend is strong so my guess we will stay up in that area of overbought
Thanks
God bless
Comment:
break down incoming
Comment:
okay gold.. we hit the 127%, i like it