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Bullish Elliot Wave

Panjang
FX:US30   Dow Jones Industrial Average Index
Since July 1st, US30 has been on a bullish uptrend. This bullish uptrend took place after a bearish trend line was broken on the 4hr time frame.The bearish trend line began on June 9th and ended with a bullish break and retest on July 2nd. Since the breakout, price has surpassed is three most previous highs. In the current screenshot, wave 0-1-2 has a 50% retrace. Id advise looking for a buy entries on corrective wave 4 between 38.20%-50% retrace area.
Penafian

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