popsbanks

popsbanks

In a high volume that was for an up trend, now it is going for a correction and a down trend.. As if it created the first ASCENDING CHANNEL and went down, now it has created the second one..

popsbanks

We have Rising Wadge in the 4h timeframe and also based on Fibo that we need to touch the 50% - 60% level to continue this trend

popsbanks

As you can see, it was a big drop. It was in a downtrend and went into an uptrend. This uptrend seems to have ended without Elliott Wave 5 being completed.Now there is a correction which will prompt him to find strength in the area again.