Hi everyone,
On the weekly chart we can see a potential Elliot wave forming up.
Wave 2 is in the making and since the price seems to start breaking down/out of this triangle, we might see lower prices before going up again.
Wave 2s can be very deep and this could bring us back to the 90 cent zone what gives a great buy opportunity before we head on Wave 3.
Will post the Weekly chart asap.
Kind regards,
Noel
On the weekly chart we can see a potential Elliot wave forming up.
Wave 2 is in the making and since the price seems to start breaking down/out of this triangle, we might see lower prices before going up again.
Wave 2s can be very deep and this could bring us back to the 90 cent zone what gives a great buy opportunity before we head on Wave 3.
Will post the Weekly chart asap.
Kind regards,
Noel
Trade active:
Long trades still active -» price seems to hold the triangle.
Awaiting bullish break.
Awaiting bullish break.
