Lumen: Fractals vs Indicators.

8 mars 2018

After a failed predicted impulse wave a couple days ago, I'd like to try some fractals this time.Besides from that, lets take a look at the MACD and the RSI. Although the RSI is still not totally oversold, it seems that the MACD is gaining strength again. The thing that makes me not be sure of a certain reversal soon, is that the latest dump has followed the inferior bb. Combining that with the not-yet oversold RSI, it might keep going a little bit down before changing trend again. If the fractal pattern continues, we might se what it can be a possible new wave (1). Let's keep an eye on it and wait to look how it behaves.

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