After the ABC move, price created a double bottom indicating a breakout, which we got.
We appear to have made the first 2 moves of the impulse phase and now seeing the third. Look for minor corrections to take price up to the -0.27 fibonacci where we may see a retracement back to the ascending trendline where we can look for another opportunity to buy.
We appear to have made the first 2 moves of the impulse phase and now seeing the third. Look for minor corrections to take price up to the -0.27 fibonacci where we may see a retracement back to the ascending trendline where we can look for another opportunity to buy.