After many days of rangebound activity, the wave pattern has been clarified: we are dealing with a Triangle. In the previous update, I identified the break from a Diagonal triangle (in fact, this is a simple wave C), which of course is a clear bullish signal:
Currently, the price is heading towards wave d target zone near 9300. Volatility has been steadily declining for the past two days, and this is another bullish indication.
I appreciate your support and likes. Remember: trading is easy with eyes closed.
I appreciate your support and likes. Remember: trading is easy with eyes closed.
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Alts update here:
