Pattern : "Corrective" (WXY)? or Start of a continued "Impulse"?
Summary : So, I've been thinking I've said this in one of my previous post about our "Market Cipher Big -Buy" and the last times we've had a "Daily Big buy" we've "rallied" a good percentage. Question here now is are we done? In my opinion if we don't start coming down by, Tuesday I see this being a "Potential Finished correction", but from looking at the chart, we are still in heavily supply with yet no close above. Also from our (A -> C wave) we still have "Low Volume" which is a "Corrective Trait". So if we can maintain this zone by Tuesday and see a deep correction down id still keep the possible "WXY" on the table , ONLY IF. Now my signals for this being an "Impulse" out of the correction, is "Higher Volume", small retraces and break from the "KPH and Parallel Channel".