stanchiam

stanchiam

should see corrective move up before lower again unless it is a 3 waves down from the top which is of lower probability

stanchiam

get ready to lock and load for some retracement and $$$ good luck

stanchiam

very impulsive move up, retracement is a good opportunity to load up long for the mother of all waves waiting for the big load up

stanchiam

since price extended up, the target is much higher, moving something like that not drawn to scale, shall wait for a 5 wave up or 5 wave down to trigger a short

stanchiam

looking for opportunity to reload long upon retracement

stanchiam

it work out as plan, the mother of all waves aka wave 3 NICE!!

stanchiam

I am 100% bullish

stanchiam

we need a strong move up above resistant to confirm view else more complex pattern coming

stanchiam

bears still in control, we need confirmation and the 62% region to hold

stanchiam

after price complete the ending diagonal, expect price to see a move back up

stanchiam

price is now clearly outside the pitchfork and this is bullish wave count is also supportive for bulls, am expecting some kind of strong move up soon this will confirm the wave 3 up view for short term waves

stanchiam

high probability that price will spike up once the flat complete

stanchiam

this could be enough for short term reversal will be great if price retest the support again before higher break and close below will be bearish though

stanchiam

with this fall, the triangle count is invalidated price has fallen to the 1 to 1 region and could see it bounce a good hint will be a minor 5 waves up

stanchiam

could fall anytime, am waiting for 5 waves down or something impulsive as a hint for short term reversal probably targeting 12960

stanchiam

waiting for the last leg up to complete and after that will look for price to correct down lower higher time frame still suggest higher price but am expecting a correction first towards 1260 region

stanchiam

the correction should be enough in time and in price we have an impulsive wave 1 in smaller time frame and if we see a strong move up, it should be a wave 3 lock and loaded

stanchiam

the waves pattern now appears to be a triangle, still early and we need another push up to confirm