okidoci

okidoci

We are right now in the fifth cycle (V) consisting of 5 primary waves (red numbers). Going a level lower, Here we are in the first primary wave 1. The first primary wave consists of 5 intermediate waves. We have just finished the third intermediate waves, and the fourth intermediate wave has begun now. After this, the 5th intermediate wave will be impulsive...

okidoci

W formation is being built! Resistance should be broken then we expect the next bullish run! :)

okidoci

TTM squeeze, slowstochastic, ADX show an uptrend coming

okidoci

- TTM squeeze - ADX reversal - Slow stochastic reversal

okidoci

TTM squeeze showing an uptrend Slow Stochastic oversold turning to the upside for bullish trend reversal ADX reversal

okidoci

Trend reversal signal coming

okidoci

The pattern occurs in a bearish background and the black candlestick that appears on the first day further supports the bearishness. On the second day, in which an Inverted Hammer is seen, market opens at or near its low. Then prices change direction and we see a rally. However, the bulls do not succeed in sustaining the rally during the rest of the day and prices...