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tomj2417
31 Ara 2017 03:08

BRWM - Bullish count for this UK mining trust Alış

BLACKROCK WORLD MINING TRUST PLC ORD GBP0.05LSE

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As ever, there are lots of possible counts here but I liked this one because the fib numbers all headed to one level here. Am not expecting it to head there in a straight line although that's what it's been doing up to now. The impulsive nature of the move up from early December might also suggest that we have embarked on a wave 3 here. Also, a more conventional approach to calling wave (v) would also have it ending sooner so I will be on the look out for any reversals. Bullish for now.

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Or is that enough to complete my minor wave 1. 38.2 fib extension of minute waves 1 to 3 and kissing the channel. Might be.
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