Previous wave has completed and appears to have finished its correction. The first wave needs to breakout through the previous resistance from way back when at around 1.10. Wave 5 has the potential to end the mid $2s.
Comment:
Might have to ride this out for another day or so prior to a break out. Heavy consolidation is currently happening within a pennant. MACD on the 4 hour is not quite there yet. Currently bullish according to the ichimoku cloud. Stay tuned.... good prices to buy within the consolidation.
