lady_luck

lady_luck

5 impulse wave up MA with bearish divergence Running triangle during wave iii Supported by a clear MACD read of top of wave iii and (iii) of v RSI confirmation of top of wave v Overall good proportion of subwaves. Probable advance wave 1 Also : corrective Fib level 0.618 of the previous wave down (E) reach Significant resistance level and R1 at...

lady_luck

The triangle TL hold. Also confirmed by a decreasing momentum and volume throughout Wave E. Both picked up significantly to mark the ending of this wave 4. There was a clear read of wave (c) and wave c on macd. Surprisingly PA didn't overshoot the triangle TL, there was no false breakout. to the downside. Current correction might see a slight retest or...

lady_luck

Whether or not PA is a wave d or part of an advance wave (i). A correction to fib .5 is expected. On the hourly watching currently 432 as the support level preceding this coming decline. If not, SL at 442. Also, as the weekly macd and momentum are indicating a potential deeper correction, watch carefully. If PA fall below 390, this triangle could be...