Is the X'Mas Wave the Bull First Wave?
X'Mas wave was starting from US$83.12 and ending at 165.15 on X'mas eve(2018/12/24 night).
A brief break the long term down trend line(Red dot line in the middle on the chart)
Then price drop and back test the neckline or 14 days average line, volume drop, too.
Is the X'Mas Wave the First Bull Wave?
Let see will the market re-challenge 149, then retesting 165?
If these two breakthrough successfully, then X'Mas Wave might be considered the First Bull Wave.
A brief break the long term down trend line(Red dot line in the middle on the chart)
Then price drop and back test the neckline or 14 days average line, volume drop, too.
Is the X'Mas Wave the First Bull Wave?
Let see will the market re-challenge 149, then retesting 165?
If these two breakthrough successfully, then X'Mas Wave might be considered the First Bull Wave.
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