TRADE: IMP - CORR - IMP
ANALYSIS: Price is in a bullish trend and has formed a volatile bearish corrective structure. The corrective structures volatility indicates that there is still buying interest. As price nears the support zone I expect price to hit buy orders and extend its next leg up into an impulsive move.
ANALYSIS: Price is in a bullish trend and has formed a volatile bearish corrective structure. The corrective structures volatility indicates that there is still buying interest. As price nears the support zone I expect price to hit buy orders and extend its next leg up into an impulsive move.