Hi all, Expecting for trend line break to the upside Hope price won't plummet and break of daily trend line.
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Tech M seems to have finished an expanding flat as part of a correction to move to the upside. Its highly likely that Tech M could start moving up to retest its previous highs and also possibly make a higher high. Now even if it makes a lower low on the 60 min , that could mean that the wave C is incomplete. I'd still look for a buy set up unless Tech M starts...
Tech M looks like it finished a running flat and that means it could continue to move up for one higher high. Alternatively, it could end up in a lower degree correction and move down once to end the higher degree correction. From what I see, I think this one is likely to be in an up move to retest the previous highs and/or go slightly beyond too.