A 5 wave rise -> 50% retracement -> 2 days closing above 20DMA
Weekly positive closing confirms B/2 completed near latest swing low.
Risk Reward looks favourable for longs.
Lets see whether this reaches the yellow zone or not.
Weekly positive closing confirms B/2 completed near latest swing low.
Risk Reward looks favourable for longs.
Lets see whether this reaches the yellow zone or not.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.