Hello friends,
Elliott wave analysis - On wave 5, subwave 4.
RSI divergence which is to be expected between wave 3 and wave 5
Pitchfork- At the confluence line of the two pitchforks
AB=CD harmonic pattern as well.
Prediction: Wave 4 completion will lead to a small bullish sentiment. After that most likely corrective waves will start.
Please feel free to comment and let's learn to earn.
Regards,
Kurilo
Elliott wave analysis - On wave 5, subwave 4.
RSI divergence which is to be expected between wave 3 and wave 5
Pitchfork- At the confluence line of the two pitchforks
AB=CD harmonic pattern as well.
Prediction: Wave 4 completion will lead to a small bullish sentiment. After that most likely corrective waves will start.
Please feel free to comment and let's learn to earn.
Regards,
Kurilo