Description
⋅ Price is moving inside of ascending channel. Overall trend is down so this is correction of previous impulse.
Comment
⋅ Pattern formation in progress.
Comment
⋅ Comment
⋅ Comment
⋅ Possible break to up side and long opportunity.
Comment
⋅ Price broke leading diagonal and now its in up trend. Long opportunities.
Comment
⋅ Possible price movement up to 61.8% before start of impulse.
Comment
⋅ Possible deeper correction to 61.8% before continuation to up side.