See link below for previous analysis.
I am updating wave 5 to an ending diagonal aka rising wedge.
Price can still make new highs but MACD/price divergence is a clear sign that upward momentum is waning.
I am still bullish to neutral as I am forecasting two more waves to complete the ending diagonal.
I am updating wave 5 to an ending diagonal aka rising wedge.
Price can still make new highs but MACD/price divergence is a clear sign that upward momentum is waning.
I am still bullish to neutral as I am forecasting two more waves to complete the ending diagonal.
