REN breaking out and start of new wave pattern
This is my view of REN and it has completed 5 wave elliot wave and 3 wave retracement and about to start new wave.
1. 1D MACD is about to cross the signal line and same as when it started the elliot wave before
2. The RSI is the same level as it started before
If we follow the same wave pattern as before then we are looking around 70days of growth >500% increase.
Note: this is not financial advice and I am new to Elliot waves. This is my idea only and let me know what you think?
1. 1D MACD is about to cross the signal line and same as when it started the elliot wave before
2. The RSI is the same level as it started before
If we follow the same wave pattern as before then we are looking around 70days of growth >500% increase.
Note: this is not financial advice and I am new to Elliot waves. This is my idea only and let me know what you think?
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