Currently at the Supply Zone and the play along the E leg of the harmonic, we look for the pullback.
We currently have a very good looking RSI Divergence plus the wave count, however I still think the drop will be actually giving us Wave 4 then we will go bullish thereafter to Wave 5
With the current bearish channel unfolding within the support and resistance, I am looking forward to the completion of the 5 waves within the channel then we go bullish towards the QML Supply Zone.
Currently at QML Supply zone, selling the 50.00 Fib PullBack
We are currently looking forward to the bulls coming in, recently on Daily we have reached the January 2016 Low, so we are at a good demand, we can buy on the resistance breakout or could get a further drop to lead the RSI to the Oversold, which I am not confident about. I am more with the buyers right now.
Waiting fpr the bearish resistance breakout to give us the 3 Waves correction bullish.
With the weekly view, we have that RSI Divergence at the bottom thus I look to buy to the breakout and retest
Currently going bullish as the resistance is being broken out.
Looking for holding this sell lower to that gap at the bottom, also based on the Head and Shoulders pattern.
Looking to sell with the two targets at first Support and next one further
Looking to buy at resistance breakout and hold that buy for quite some time
Looking to sell based on Trendline breakout and Head and Shoulders