Here's how I see the Elloit Wave developpement for WIN in 4h TF.
Pitchfork says lots.
We are clearly finishing 4th wave (PF support) and naturally starting the 5th wave untill the median.
Longly overdue, WIN is showing a winning configuration.
This is what I see:
In daily time frame, FUN seems to keep forming a text-book Elliot Triangle Wave ABCDE inside massive pennant, where each of the legs has the ABC correction form.
Rarely we see more perfect.
CHOP index accumulating.
Wait until it bounces at E for further confirmation.
Hope this insight helps.
* Price action trapped in a broadening rising wedge, which is one of the most telling pattern formations
* 50 EMA crossed over 200 EMA in 4H TF
* 100 EMA just about to cross 200 EMA in 4H TF
* Chop index heavily charged
In this is not the recipe for a big pump, then I don't know what is.