No changes here, it really does love our trajectory as it is glued to it now, still in Subwave 1 so until it tops out, I can not accurately draw Subwave 2 yet, I hope it comes soon so there is a stable structure here, so far I like what I see, its moved as we expected and no parabolic moves just yet. RSI on the daily is in the overbought stage now and on the 1HR I can see that it is starting to pull back so the pull back is coming, if this can pull back to the Subwave 2 zone that we know, I would be happy to add here.
So once I see Subwave 1 topped out, I will add the fib levels where I expect Subwave 2 to pull back to, it can not be done accurately until then.
Mohammed
2023-04-13 12:27:18 +0000 UTC