Wave 5 from low of the year starting. target 50+
looks like we just completed wave 1 of wave 3 of wave 5.
expecting a pullback to 50% of 61.8% fib.
Bear divergence on hourly & 4 hour. (this chart is hourly but 4 hr shows same divergence)
Not shorting, will start preparing to enter longs when AO and stoch RSI indicate an upcurve. prolly start position at 50% and add more down to 61.8% fib.
expecting a pullback to 50% of 61.8% fib.
Bear divergence on hourly & 4 hour. (this chart is hourly but 4 hr shows same divergence)
Not shorting, will start preparing to enter longs when AO and stoch RSI indicate an upcurve. prolly start position at 50% and add more down to 61.8% fib.