We can observe completion of the latest ABCDE Descending Corrective Wedge and can now expect the next bullish impulsive upward thrust.
1st Target Price = 48,000
2nd Target Price = 58,000
See Weekly Chart below for Higher Time Frame (HTF) Analysis.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> SIMPLE RULES <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Always Cut Your Losses Quick by having a Trade Invalidation Point <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>> This is the Price where your Stop Loss should be <<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Keeps You in the Game so your around to Hit Your Winning Trades <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Simple but Smart Risk Control <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
WEEKLY CHART
1st Target Price = 48,000
2nd Target Price = 58,000
See Weekly Chart below for Higher Time Frame (HTF) Analysis.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> SIMPLE RULES <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Always Cut Your Losses Quick by having a Trade Invalidation Point <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>> This is the Price where your Stop Loss should be <<<<<<<<<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>> Keeps You in the Game so your around to Hit Your Winning Trades <<<<<<<<<<<<<<<<<
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Simple but Smart Risk Control <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<
WEEKLY CHART