Overall there's a bullish trend.
The last downward trend is only a correction to the overall trend.
The last downward trend has completed a five wave trend , I suspect the low to be around point 5 since there is a co-alignment of several fib. retractments.
Also the indicators on this and lower time frames indicate that an reversal will be made
The last downward trend is only a correction to the overall trend.
The last downward trend has completed a five wave trend , I suspect the low to be around point 5 since there is a co-alignment of several fib. retractments.
Also the indicators on this and lower time frames indicate that an reversal will be made