The past week strong down trend with the ending of wave 5 with the Bollinger brands touch it end indicate a sell or change in trend with near the key level of support. Begin a correction after the implesive
The Bollinger brands indicate a buy
The rsi is over sold zone the market will have a bull back from a sell to a buy trade short term with wave analysis correction has completed now it a implesive wave
The fib level is 50% for take profits and begins a down trend
Past weeks of a strong up trend with the Rsi is over brought zone and the Bollinger band hit it ends. Waves analysis show wave was a strong move but show signs of it ending soon it begins wave 4 a correction while occer. With the resistance zone hit it begins a new trend on the down side
Week has past by with a really good movement to the upside in a bullish trend but the sign indicates a down trend happening with Elliott wave analysis in a fifth phase is starting a new wave 2 formation of a correction phase after the implesive wave and the indicators agreed with the Rsi and Bollinger brands.
The Rsi moving to the zone of oversold that indicate still in up trend and Bollinger brands indicate as while a up movement for the meantime still in wave 4 and within wave4 Tha first and second wave has ended it begins a wave three up trend
P. S thanks for supporting
Wave 3 has ended. A new wave begins that is wave 4 it correction there is two possible a flat or a zigzag formation the rsi is over brought is indication of a sell the Bollinger band line indicates a sell as while.