TF60
Continuation of yesterday's chart..
As expected, price moved up today.. In early trade, price shed few points and reached 38.2% retracement at 2365.. However it went lower to 2364.
It broke the TF15 channel in 2nd half of market and Wm%R made the cross(TF60). Should corrective phase completed, now we are in impulse wave 1 (very strong push and fast).. The price even broke the resistance line at area 2402/3 and closed above 2400..
Expecting tomorrow to gap up (if soya favor) to complete the wave 1, before heading for wave 2 correction. i anticipate wave 2 to start when Wm%R makes the cross..
if counting is correct, lets ride together in wave 3 once wave 2 correction is complete..
Congrats to those who profit today..