1- monthly time frame is showing negative divergence with complete impulsive wave count. no conformation of reversal
2- weekly time frame if my traingle count is right then we are near the end of correction.
or previous low was wave 2 then we may advance in wave 3
3 daily price broken out from double bottom rectangle pattern and retracing
4 hourly time showing we are ending wxy correction but no conformation yet
2- weekly time frame if my traingle count is right then we are near the end of correction.
or previous low was wave 2 then we may advance in wave 3
3 daily price broken out from double bottom rectangle pattern and retracing
4 hourly time showing we are ending wxy correction but no conformation yet
watch 11700 level to hold for any trend continuation