I am not trained in Elliot wave but I have been using it to try and make sense of price action anyway.
LAC has had a good run and a strong finish to 5 wave up. might need ABC correcton.
A bounce would be expected at the breakout point, but maybe it has to correct more than that, before continuing higher.
Looking at that gap that might want to be filled.
Watching indicators closely.
Trade safe.
LAC has had a good run and a strong finish to 5 wave up. might need ABC correcton.
A bounce would be expected at the breakout point, but maybe it has to correct more than that, before continuing higher.
Looking at that gap that might want to be filled.
Watching indicators closely.
Trade safe.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.