Will this correction from the key resistance area be the 4th wave? Support found was the 100% extension off wave A with some RSI divergence. Only hesitation is the mess that is wave C, but elliott waves are seldom perfect.
Other levels
Other levels
- 38.2% retrace off wave ii->iii
- Area of previous res/sups back in late january and on this most recent move upwards
- Slightly lower we have the weekly pivot & potential trend line with the 50% retrace off wave ii->iii
- The 38.2% retrace of the entire move higher from 6th feb comes in at $9541
Comment:
Comment:
Channel provided some support. Now on the daily pivot.
