There are a lot of positives on this chart for an impulse count.
The pull back in June 2022 held the 0.618/0.65 Fib levels for Wave 2 and the pull back in late 2023 also held the 0.618 Fib and bounced, the price action is working its way through the moving averages now but it looks good to continue its climb over the next few months.
I particularly like how the 1.618 Fib for Wave 3 goes exactly to the all time high blue line.
Vojtěch Šimeček
2024-01-13 23:36:18 +0000 UTC