- Price has retested and held the weekly descending trendline
- on the daily timeframe, price has formed 5 waves and is holding the 0.618 retracement
- enter now with a stop loss at the previous swing low around 494
- upside levels to watch: 540, 570, 620
- beyond 620, new ATHs can be expected
- on the daily timeframe, price has formed 5 waves and is holding the 0.618 retracement
- enter now with a stop loss at the previous swing low around 494
- upside levels to watch: 540, 570, 620
- beyond 620, new ATHs can be expected
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