Moon Soon ? Long term bull trend is comming !
We might be looking to go up for a bit, as you can see a complete wave count is given in the chart. If we break though the first target point, in the current move or in the B wave (resulting from the A-B-C correction occurring from this move up), that would confirm a bull trend in my humble opinion.
Current Analysis is based on Elliott wave principle, Fibonacci ratios and Trend analysis. The targets are levels and arrow lines (blue) are general representation of trend moments.
“[The golden proportion] is a scale of proportions which makes the bad difficult [to produce] and the good easy.”
― Albert Einstein
Please like/share if you find the chart interesting, I tend to keep my chart as simple as possible for everyone to enjoy.
Current Analysis is based on Elliott wave principle, Fibonacci ratios and Trend analysis. The targets are levels and arrow lines (blue) are general representation of trend moments.
“[The golden proportion] is a scale of proportions which makes the bad difficult [to produce] and the good easy.”
― Albert Einstein
Please like/share if you find the chart interesting, I tend to keep my chart as simple as possible for everyone to enjoy.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.