1) Completed 5 wave correction (last extension due to Omicron)
2) Start of the bull leg with nice bullish volume
3) Break and retest first 200EMA (this cycle with 61.8 fib), and 50EMA (both cycles)
4) Break the structure and continue.
RSI = Break, retest and continue above the EMA. A lot of space to the upside.
2) Start of the bull leg with nice bullish volume
3) Break and retest first 200EMA (this cycle with 61.8 fib), and 50EMA (both cycles)
4) Break the structure and continue.
RSI = Break, retest and continue above the EMA. A lot of space to the upside.