We have pretty much a perfect cup right here and now ( blue shaded area ), but this is intra day chart, things may change, the right hand side of the cup may push higher in the arvo, rendering that pattern invalid, however, if it remains like this EOD, then a pull back handle is on the cards, to activate minor sub wave 2 down, bearing in mind, this is just the first stanza of a much bigger wave, which i am predicting will take us to the 1.618 fib target as a minimum.......
All just guess work at the moment.
imo
No financial advice here..........ever.
DYOR
ASN Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
