Possible Contracting flat forming
This one has moved up ward impulse as Corrective impulse based on Monthly time frame , After making an brief move up , its still not making new higher high with aggressive moves so in my view its likely due for one more correction and then we can look for up side move ,
as it is the structure looks like a Contracting flat , I hate to say it i dont like the way it is forming but its possible
there is huge divergence between two peaks so one can look for reversal impulse and wait for correction before entering the short selling trade ,
Regarding up side move , I doubt it has any Gains left
Good luck
as it is the structure looks like a Contracting flat , I hate to say it i dont like the way it is forming but its possible
there is huge divergence between two peaks so one can look for reversal impulse and wait for correction before entering the short selling trade ,
Regarding up side move , I doubt it has any Gains left
Good luck
Not
No Questions Right , it works like a magic, and thats how we are
Feragatname
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