Looks like uber reached bottom and now we will see only growth. It's a bit too early to say where the price will go but in my oppinion it's a long term trade that will break previous hight and go above $50 per share. Only time will show.
For now we are third day above Kijun-Sen going towards Kumo. Next Big News on 17th day ( Hosoda cycle day).
Having a look here into the AUD/NZD, technically I see a major key level @1.05454 where wave 5 will initiate its long as wave 4 comes to a close.
My key level here is located at the high of wave 1, which wave 4 cannot violate if this Elliot Wave analysis is to be validated. If the Key level is broken, I expect my 'Buy Zone' area to react as a strong support...
Descending triangle portraying lower highs and support is being tested multiple times @0.75173, meaning when support level is broken, a breakout may occur. Although there was a previous false breakout where support was broken and price retraced back up. If price does break again a SELL STOP trigger line is set @0.74374 for confirmation of downtrend.
My validation...
