Price made a huge bullish move. If we look to the left, we can see that this move can be identified as the first impulsive move, as the ones before were in the bearish direction. The bearish movement made a three wave corrective movement, so we expect a five wave motive one in the bullish direction here. Right now the price is in the first correction or wave 2. Waiting for the wave 3 to form in the bullish direction.
We wish you good luck with your trading!
We wish you good luck with your trading!