Long Upon Completion of Retracement Wave

4 Şub 2021

MU
Micron is on Flat Retracement Wave.

If the wave were completed around / slightly beyond end of wave A, it is confluence with

• Fib 123%
  
• Supported on Point of Control (Volume Profile Analysis)
  

It is then potentially ride its next impulsive wave to challenge the previous swing high (TP).