HELLO TRADERS,
We are currently inside an ABC flat correction. Look for the up move to 323 / 325 range. At that point, we will have to wait and see whether or not the correction pattern becomes more complex or not.
If the pattern does get bigger then we will get a hard rejection and fall back down to break the most recent low 303 / 300 range, before looking for any kind of reversal back into an up trend.
Thumbs up and follow if you enjoyed, I do this everyday.
Thank you & Good luck!
We are currently inside an ABC flat correction. Look for the up move to 323 / 325 range. At that point, we will have to wait and see whether or not the correction pattern becomes more complex or not.
If the pattern does get bigger then we will get a hard rejection and fall back down to break the most recent low 303 / 300 range, before looking for any kind of reversal back into an up trend.
Thumbs up and follow if you enjoyed, I do this everyday.
Thank you & Good luck!
