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
> 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
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