I have not subscribed to this service though it is awesome. I promise that when I actually make some money doing this, I will present it to management for her approval.
Admittedly It is a pretty busy chart and not terrible precise, but interesting. It looks like a completion of EWave 5. If this breaks the high on Monday and test the support I am long to the 2/3 Gann line. This is doubtful however looking at the MACD and light volume. Odds are it is going to squeeze or just flat out track down the BB base down to the .78 support. With the understanding that sometimes the contrarians are wrong. The contrary view is long here.
I am a rookie so don't place your bets on me. Just saying the odds are in favor of the downside.
Admittedly It is a pretty busy chart and not terrible precise, but interesting. It looks like a completion of EWave 5. If this breaks the high on Monday and test the support I am long to the 2/3 Gann line. This is doubtful however looking at the MACD and light volume. Odds are it is going to squeeze or just flat out track down the BB base down to the .78 support. With the understanding that sometimes the contrarians are wrong. The contrary view is long here.
I am a rookie so don't place your bets on me. Just saying the odds are in favor of the downside.