See chart. Lots of hopium.
Bullish cyhper, ichimoku looks good for a reversal to a sustained up trend.
Zooming out: there's a formation of an inverse head and shoulders. If wave 4 is a throwback on the H&S, wave 5 could extend to hit the H&S target. Of course this is all very speculative. Just ideas of a green future.
Bullish cyhper, ichimoku looks good for a reversal to a sustained up trend.
Zooming out: there's a formation of an inverse head and shoulders. If wave 4 is a throwback on the H&S, wave 5 could extend to hit the H&S target. Of course this is all very speculative. Just ideas of a green future.
Commento:
Doubtful that we hit the next two targets. If this is wave 1 of the 3rd parent wave, then the peak of 3 will likely come later than I anticipated.
Commento:
Also, I drew wave 5 as an extended wave to coincide with a the inverse H&H pattern on the higher time frame chart.