Hi traders,
Overview: We concluded that the bottom is in for wave X up. Lets review the Important Note I provided in my previous update: "if this count is actually playing out, following a retest for wave II, we should see a strong bull rally as III of (III) breaking up through the channel" and this is exactly what happened.
Today's Update: I see wave III being developed, with its wave a near completion. After the completion of waves 4 and 5 of a of III as shown on the hourly chart, we see a pullback to retest the broken channel of wave I as b of III and then continuing higher.
If you need a reference to the overall count on the daily chart, refer to my previous analysis.
Overview: We concluded that the bottom is in for wave X up. Lets review the Important Note I provided in my previous update: "if this count is actually playing out, following a retest for wave II, we should see a strong bull rally as III of (III) breaking up through the channel" and this is exactly what happened.
Today's Update: I see wave III being developed, with its wave a near completion. After the completion of waves 4 and 5 of a of III as shown on the hourly chart, we see a pullback to retest the broken channel of wave I as b of III and then continuing higher.
If you need a reference to the overall count on the daily chart, refer to my previous analysis.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.