ETCUSD - 4H Uptrend resumed with super bullish 1-2 1-2 pattern ?
Hello traders and investors,
Today we are looking at the possibility that the primary 2 (blue) is complete and we have now resumed the uptrend in a sort of 1-2 1-2 pattern. If this will be the case the next move up will be wave 3 (minute) of 3 (minor) of 3 (intermediate), which in theory should be quite visible as an explosive impulse.
In terms of market geometry and pitchfork, both wave 1 minor and minute stopped at the 38.2% pitchfork line.
Let's see what will happen
Today we are looking at the possibility that the primary 2 (blue) is complete and we have now resumed the uptrend in a sort of 1-2 1-2 pattern. If this will be the case the next move up will be wave 3 (minute) of 3 (minor) of 3 (intermediate), which in theory should be quite visible as an explosive impulse.
In terms of market geometry and pitchfork, both wave 1 minor and minute stopped at the 38.2% pitchfork line.
Let's see what will happen
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