First and foremost this is my own hypothesis and in no way suggests a buy or sell advice.
We reached a bottom during the correction phase of our white impulse towards $76.
We are now in the process of forming our wave 3 which will most likely go for the 1.618 Fibonacci to reach $235 before correcting again.
Furthermore, we will be able to validate the bullrun...
A very nice Head & Shoulder pattern has formed. To complete the 2nd shoulder, it would have to reject off of the support on 1.99959. It is doing so as well as rejecting off of the 200EMA.
I hope this trade brings everyone lots of pips and cheers to the last day of trading this week!
Being ready for anything in terms of time and price...We have to wait for a divergence in the indicator, which probably confirms our analysis.After observing it and examining its trading system, it was hoping for its growth by taking a trigger.