Price continued to rise in a corrective move inside the boundaries of the triangle.
Considering that we´re on the tip of the triangle, we should a major move very soon.
My primary scenario still considers one more wave down to finalize blue wave E.
The alternative scenario is that wave E was completed on the December low. Price has also broken above the gray area, which is bullish.
I am waiting for the conclusion of the triangle in order to take a trade.
Considering that we´re on the tip of the triangle, we should a major move very soon.
My primary scenario still considers one more wave down to finalize blue wave E.
The alternative scenario is that wave E was completed on the December low. Price has also broken above the gray area, which is bullish.
I am waiting for the conclusion of the triangle in order to take a trade.
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👍 Simple, actionable content
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🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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