Comments on the chart. I am looking for a reversal from near here but I cannot tell whether it is going to new highs or just forming a b wave upmove
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Price is moving up. As I said I have no clue whether it is a wave b or a wave 5 up to new highs. It doesn't matter though as we are traders and must be ready for all eventualities. I have a suspicion that price is going o new highs. We'll see what price does. Bullish engulfing candle setting up on the weekly chart.
