EJ is currently in its 5th impulse wave thus providing us with an ascending channel.
Best buys would be off the third touch of the channel trendline but if not, then a 4hr close above the 23.% fib area provides good bullish bias working through the extensions.
Again, we need to see a break of structure to go bearish!
Best buys would be off the third touch of the channel trendline but if not, then a 4hr close above the 23.% fib area provides good bullish bias working through the extensions.
Again, we need to see a break of structure to go bearish!
