Close to hourly buy wave. Also daily buy.
And this time back test ok, didn't poop. Short term long.
Notice negative divergence as price is working off overbought condition for... next leg up.
Near term resolution soon as it test resistance one more time.
Broke resistance and tagged target. Next is 425.10
Wedge is getting tight could break either way.
RSI hit. Trim and trail. But could potentially go further.
Broke the wedge and saved at the bottom Fib. Below will lead to a much larger correction.
Looks where it bounced. It could go further to the green line, after which, bear case will present.
Expect some consolidation. Hourly sell and daily buy so price volatility will be large.
Need to bounce off to keep going up. Otherwise, rest.
If it can punch back through the red line, go long. If not, go short.