Price action and chart pattern trading > Parallel Channel uptrend pattern from Wave 4 to 5 now almost hit the top of the channel. > Wave 5 target estimated at 1.618 Fibonacci retracement of wave 4
Indicator: > Target RSI 82 - 88 now at 74 > MACD 0.6 - 1.0 > ATR 0.7 - currently at 0.6