beyfor

beyfor

In update to my previous post P/O Divergence in short term overbought condition Market near previous pivot (4). It is wise to take profit on half of the long position

beyfor

The fifth wave is performing in diagonal triangle.After the completion of wave 5, the market is expected to make a significant rally.

beyfor

The anticipated inverted Head and Shoulders formation is taking place , use trailing stop to lock in profit on long position. April 12 post ============

beyfor Updated 

The current consolidation is considered a pause to complete sub-wave 4 of 5 before sub-wave 5 of 5 resumes rally .

beyfor

The market is performing within a bullish channel. A clear close above the upper bound will clear the path for a significant rally.

beyfor

Bullish diagonal triangle formation + P/O divergence Be prepared for a significant rally. Clear close above the upper bound will confirm it.

beyfor

Possible inverted Head & Shoulders formation which will lead for a rally once neckline is clearly broken.