My last analysis was based on to little information since the time frame was to short - chart data of course exists only since 7.7. Therefore it is advisable to wait a bit more to see a clearer picture.
Anyway it is clear that the pattern was impulsive from Juli 21 to August 12 (three waves, fib relations ok) and corrective since then. This correction might end with 62% at the lower trend channel line. I'm still very bullish about payeth and expect the second wave - running since August 12 - to end soon and the more impressive third wave to start afterwards. fib time relations would be ok for that. RSI is all right.
alt. count: 5 might be 3; in that case we are about to end 4 and the new wave would be a 5 of the first impuls.
Anyway it is clear that the pattern was impulsive from Juli 21 to August 12 (three waves, fib relations ok) and corrective since then. This correction might end with 62% at the lower trend channel line. I'm still very bullish about payeth and expect the second wave - running since August 12 - to end soon and the more impressive third wave to start afterwards. fib time relations would be ok for that. RSI is all right.
alt. count: 5 might be 3; in that case we are about to end 4 and the new wave would be a 5 of the first impuls.