4th wave appears to be ending as a triangle (as they usually do). Note that we need to hold above $500-510 for this structure to be valid, also 200 Day EMA (pink) is adding support at 510. Breakout can be considered above $550
50 Day EMA (orange) has crossed 200 Day EMA which is bullish.
All the best. Be Aware Be Safe
50 Day EMA (orange) has crossed 200 Day EMA which is bullish.
All the best. Be Aware Be Safe
Bình luận:
Bình luận:
Our support line held exceptionally well and we did not go below $500 keeping our impulse structure valid
Đóng lệnh: dừng lỗ
