so far the price action is being contained inside the parallel channel, it needs to stay there otherwise it will need a recount.
for me the asset is still in the process of correction and it's possible that we are still missing a wave X and Wave Y.
only if it breaks the channel to the upside will I say it's bullish we can probably see a bigger rally up.
for me the asset is still in the process of correction and it's possible that we are still missing a wave X and Wave Y.
only if it breaks the channel to the upside will I say it's bullish we can probably see a bigger rally up.