Large wedge formed here but I am favoring the bull case and impulse wave here but the price action needs to break above 0.69 to confirm this and of course hold above the wedge line too.
I am happy to see the corrective wave in red, finish very well and in 3 clear waves, so the impulse wave is in good shape now after Wave 2 holding at the 0.618 Fib level.
The price is also above the 50 and 200 Day MA here now too on the daily chart....bullish indications too.
TommyJR
2023-07-22 22:10:47 +0000 UTCJai Da
2023-07-22 17:12:49 +0000 UTC