Seriously overbought, stoch turning down, RSI needs relief too I think.
Trendline hit, might be the end of wave 3 so I expect a retracement is due.
This possible wave 4 has more chance of manifesting as a flat or triangle correction since wave 2 was a sharp zigzag correction.
Long target of previous idea was reached, this was also TP1 of the large weekly bullish bat!
Trendline hit, might be the end of wave 3 so I expect a retracement is due.
This possible wave 4 has more chance of manifesting as a flat or triangle correction since wave 2 was a sharp zigzag correction.
Long target of previous idea was reached, this was also TP1 of the large weekly bullish bat!
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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.