It seems a bit loaded, I know, But I had to dive in to see the little Elliot Waves on the last Major Retracement Wave.
If it does not go into critical area and stay there for a bit, then it just might break out.
But if it goes in there and spends some time, it's highly probable we will touch the last major support, again..
I'm staying very neutral on this one. Waiting on it to see where it goes then act accordingly. This chart should give us a pretty good idea of possible scenarios.
If it does not go into critical area and stay there for a bit, then it just might break out.
But if it goes in there and spends some time, it's highly probable we will touch the last major support, again..
I'm staying very neutral on this one. Waiting on it to see where it goes then act accordingly. This chart should give us a pretty good idea of possible scenarios.
Comment:
note to self: I really have to make those lines smoother and smaller