If you've been keeping up with my previous posts, I was talking about the falling wedge which seemed like it would most likely break to the upside, which it did. We had a clean breakout on the falling wedge and are rallying upwards. We also went back above the EMA ribbon on the 4h chart, and are still way above the ribbon on the daily. Things are looking good. My first target before any major consolidation is 41k and if we break that, possibly another rally to 47k.
Thoughts?
Thoughts?