You can see from the chart that correction phase should end soon. Elliot Impulse wave and ABC correction are confirmed on 1h and 1d charts.
Nevertheless on 1h chart one can think that correction phase is ending sooner than pronosticated.
Take a look to the MACD (White Circles) : It seems that the correcting pattern is repeating. In a few time it could be a good moment to buy.
At the end of correction we could either expect flat consolidation or another Spike.
Trade Volumes rise an allert flag, since they have been decreasing lately. So take Care!
Enigma is a good project, powered by a team of MIT Engineers (Among the best on the earth). Discover more about them on YT.
Share with me you opinion!
Nevertheless on 1h chart one can think that correction phase is ending sooner than pronosticated.
Take a look to the MACD (White Circles) : It seems that the correcting pattern is repeating. In a few time it could be a good moment to buy.
At the end of correction we could either expect flat consolidation or another Spike.
Trade Volumes rise an allert flag, since they have been decreasing lately. So take Care!
Enigma is a good project, powered by a team of MIT Engineers (Among the best on the earth). Discover more about them on YT.
Share with me you opinion!