Traders,
Compelling bullish action at the breakout of the long term rounded bottom. The rounded bottom was found after a bullish impulse leg, which suggests there was a good rally, then a retracement to allow for a continuation move. There actually was a bull flag which I outlined on the chart, which if you found, would have got you in this trade slightly earlier. Expecting a 3 wave move to the highs of the range from this level.
Compelling bullish action at the breakout of the long term rounded bottom. The rounded bottom was found after a bullish impulse leg, which suggests there was a good rally, then a retracement to allow for a continuation move. There actually was a bull flag which I outlined on the chart, which if you found, would have got you in this trade slightly earlier. Expecting a 3 wave move to the highs of the range from this level.
