HSI
Added 2024-11-19 10:54:25 +0000 UTCI am impressed with HSI's perfect 3 wave pull back since hitting the blue line and I am seeing this current wave as corrective wave and nothing else
As we know, when there is a 3 wave pull back against the trend, this means we are in a larger impulse wave.
Price is in between the 0.5 - 0.618 Fib levels and we can see that the price is testing the 0.5 Fib from below, where the 50 Day MA is also at
I'd like to see this level flipped to support next
Above the 50 and 200 Day MA means the trend favours the bulls
For now at least, we can not rule out a retest of the 0.618 Fib just yet.
Comments
Ok, take care Lz.
Gareth Neary
2024-11-20 15:12:52 +0000 UTCHonestly, i have only signed up for your baba chart analysis and they have been extremely disappointing.
Lz
2024-11-20 15:11:38 +0000 UTC
