On the weekly chart this seems to be making a D wave therefore my bias is long.
Price is currently breaking out of the bearish correction and could start going long from this level.
Wait to see if it puts in a stronger move up and correction before looking for a long entry set up
All forecasts will be updated as they develop so remember to follow to receive them.
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome
Good luck Steve
Price is currently breaking out of the bearish correction and could start going long from this level.
Wait to see if it puts in a stronger move up and correction before looking for a long entry set up
All forecasts will be updated as they develop so remember to follow to receive them.
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome
Good luck Steve
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Here is the weekly chart for a bit more clarity
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