we have a triangle and in Elliott we have 5 complete waves.there is a psychological reason behind these waves;people want to buy although it's in the top but they see a resistance on the top and some want to buy in butt but they see a support and the result is a overlap.some waves might be simple but some like C might be divided to 5 microwave (as we see) & we have ichimoku cloud ahead and conversion line crosses the base line under the cloud so there is a descent and we have flat base!and a divergence in chart with MACD line!!! we have another triangle and chart is really close to that and it could have a decent too...
there is a fundamental news too that can change whole thing 23 September...
soooo we have to w8 or not?
there is a fundamental news too that can change whole thing 23 September...
soooo we have to w8 or not?