I forgot to mention the bullish divergence formed on price against both RSI and MACD. This give us another piece of evidence to strengthen our bullish argument.
The correction seems to have completed with the 3-wave movement. Though, to make it perfect, I wanted the correction deeper to touch one of the Fib. level.
Updated with my trading plan. If this fails, there will be another opportunity at lower price.
The correction seems to have completed with the 3-wave movement. Though, to make it perfect, I wanted the correction deeper to touch one of the Fib. level.
Updated with my trading plan. If this fails, there will be another opportunity at lower price.