The waves are looking pretty clear here, MO. But, 82$ is the AOI im watching at the moment. It has played as a resistance and more recently a support. If price decides to move back up to this level I will be watching how it retraces there. If it prints rising PA and falling volume I will be looking for an entry, conversely a break above by a dilly and a retrace to...
Potential for One More Leg Down here on some divergence would be ideal. Looking towards some most likely targets for some clues for a bounce area. Going to watch how/if this wave progresses from here.
Posted a shorter time frame analysis else where but, so far the short term bullish played out pretty good. So from here thinking OMLU possible, not exiting all my longs, but from here will be watching for a possible retrace or lower low depending on the context of the move, if down from this area.
Flipped resistance into support
Hit some markers for an impulse up...
Shared with the fam last night and caught the pivot at 42605. Looking for it to get to at least the algo first target and the Pitch fork median line. If it pops higher than that, fantastic! BUT there are some structural resistances over head its going to have to blast through so watching those areas!
Dang Fine example of an Inverse Head and Shoulders with the throw back to the neck line and everything! Been tracking it, in other places, since before the right shoulder formed and managed a nice entry! Rolling with this count for now the W1 of the Diag is not ok. Whenever a retrace starts, no rush lol, will be looking for the usual suspects for a W4. 280 is the...
