Waves potential strong breakout
Waves had a strong consolidation over the last months with higher lows and flirting now with previous May's highs.
We could get rejected here from the red trendline, Upper BB in Weekly is also capping the prices but we could have a buy here to play a strong breakout. Otherwise, a pullback between 30$ to 25$ would be an opportunity to enter at a better price.
Expecting a rally there once a breakout is confirmed in Weekly (Daily would be a 1st good sign).
We could get rejected here from the red trendline, Upper BB in Weekly is also capping the prices but we could have a buy here to play a strong breakout. Otherwise, a pullback between 30$ to 25$ would be an opportunity to enter at a better price.
Expecting a rally there once a breakout is confirmed in Weekly (Daily would be a 1st good sign).
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