Corrective movement up fulfilled Elliott Waves ABC pattern.
In the BC_wave there are 3 pulses, what means for bulls it's time to rest (and it's not the only reason).
Pullback targets 2460, 2400 in extension.
Idea invalidates above 2570.
Please find movement's up history and technical analysis on Related Idea.
In the BC_wave there are 3 pulses, what means for bulls it's time to rest (and it's not the only reason).
Pullback targets 2460, 2400 in extension.
Idea invalidates above 2570.
Please find movement's up history and technical analysis on Related Idea.
Comment:
Move up develops according to the exponential character. Likely ABC pattern becoming 12345. Longs @ dips, target 2760.
