Hello! First chart at top shows major support in this area that has held up. We have a major moving average crossing on the hourly chart which indicates a longer trend! I would like to see this crossing carry into the daily timeframe for a longer uptrend there also.Last time these crossed hourly it rose for 76% gains! The bottom chart is a longer term cup and handle idea where I pulled fibs and added some Elliot waves sub macro!
Trade closed: target reached:
Since it gapped pre market and cannot put any ta info based for decision I am closing trade and buying the next major dip! #1 rule when in doubt always take profits!
Trade active:
Looking for bounce at the 233 moving average(yellow) this is my Elliot wave count !