The waves are perfectly hitting the fibs. Never seen a trade setup more clearly.
Comentarios:
Updating to say we are very much still on track. We are gaining multiple support levels on the RSI and are very near the 'bullish' zone (65+ on the RSI.) Have not needed to adjust any part of the chart yet.
Comentarios:
Price action is currently consolidating between the .5 and .618 retracement levels. The RSI is also beginning to break down established supports. While this doesn't invalidate a breakout of the triangle, we are quickly losing our sell target area, if the price is to reach the .382 level as previously noted.