$IQ - PREVIOUS COTW -
Added 2023-07-13 12:44:10 +0000 UTCLast update we spoke about $IQ needing to get above the previous high at $5.70, it broke above that yesterday and held then at $5.70 to end the day. Nicely up 2% in the PM now.
From my last chart, where I had a small ABC count in red, I believe this is complete now and that is subwave 2 is now complete, we could be in to Subwave 3 now and I have added this count today.
As long as the price stays above $5.70, this can move higher to the Subwave 3 target at $7.71 at the 1.618 Fib.
The chart has been immaculate so far, so we have no reason to doubt it.
Comments
I took this trade this morning and it doesn't work too well for now.
Julien
2023-07-13 14:58:25 +0000 UTC
