Bullish Alternate Bat waiting @ 1.3778 Previous resistance turn support.
Hi all, Alternate Hypothesis: "if price fails to complete higher highs, it will reasonable to assume that the subminuette motive structure has completed and to therefore expect a major trend reversal from recent orthodox highs at minor degree." Minuette wave c green is equal in length and quality of minuette wave a, within minute wave structure. Price is...
Monday brought a bounce off of the 1.128 extension to form an Harmonic 'Alternate' Bat Pattern. I would look to get long the stock at the Monday close price with stop loss tightly below the lows of Monday with profit target just in front of the next resistance level. We also have a stochastic cross along with bullish momentum divergence on the mac-d histogram....