What do you see so far? It may drop further if it breaks out below the falling wedge at this point but its possible this is just wave 1 of the new impulse. Trading in the cloud now showing change of direction, strong ADX momentum indicators and squeeze was on for a long time, waiting for next squeeze to signal the break out.
Thoughts appreciated?
all RSI showing oversolf ready for retracement to buy zone at wave 2. Be interesting to see this one pan out. Thoughts?
huge retracement for dgb leaving open a large long position with huge potential. thoughts?