We have a 3rd Eliott Wave completed with RSI on Over Bought.
MACD is getting horizontal.
I think it will throwback to confirm the break over the TL, it will let the price breath for a while to take another impulse and complete the cycle.
We can expect the throwback right on TL what coincides with 0.618 of 3rd impulse and 1 of all the swing.
5t wave objective on 1.618 of 3rd wave.
Will see.
MACD is getting horizontal.
I think it will throwback to confirm the break over the TL, it will let the price breath for a while to take another impulse and complete the cycle.
We can expect the throwback right on TL what coincides with 0.618 of 3rd impulse and 1 of all the swing.
5t wave objective on 1.618 of 3rd wave.
Will see.