$RH - RC -
Added 2023-07-16 04:05:02 +0000 UTCThe price action has been misleading here, it appears strong over the last 2 weeks but my issue here is that I am not seeing any Wave B since its large decline from the middle of 2021.
So it is hard for me to rule out this structure now being a corrective wave, it simply is not that clear cut.
The positives for the impulse count is that the pull back held the 0.78 Fib level in green and the price is above the 50 and 200 Day MA here, so I believe for the short term at least, this will still go higher, but I would be watching the 0.618 Fib level in white to see if there is any rejection here.
Comments
This is great!
alexkim1211
2023-07-16 06:02:57 +0000 UTC
