Beautiful structure here, with a similar position as TROVE. Coming out of the deviation / spring low, and we would need to see a recovery of .004 as support to complete the test phase.
After that would be the sign of strength, with expectations of a move into 009 and then 013, which is where we would expect the partial decline to come into play if it plays out. High and tight consolidation, then a break thru to the 618 at around 023.
The extension of this last wave here would take you higher into .04, with the measured move of the broadening bottom is around .06
After that would be the sign of strength, with expectations of a move into 009 and then 013, which is where we would expect the partial decline to come into play if it plays out. High and tight consolidation, then a break thru to the 618 at around 023.
The extension of this last wave here would take you higher into .04, with the measured move of the broadening bottom is around .06