*Observation in Weekly TF* RSI : Above 60 (In Momentum) MACD : Above Zero line and uptick BB: Upside Challenged EMA 50 : Price is roaming around EMA 50 *Observation in Daily TF* RSI : Above 60 (In Momentum). MACD : Toggled near Zero Line and crossover done. BB: Bollinger Upside challenged after getting squezzed. EMA 50 : Price > Closed above EMA 50. ...
Sharing possible Elliott wave counts of Metropolis chart, on daily time frame with flag and pole breakout in hourly Time frame which shows it is currently in wave 4 and soon it can start wave 5. First it made Double bottom pattern and after breaking its neckline it has created Flag and pole. Wave 3 target of 1.62 level has also been achieved with MACD reaching at...