Chart update 22nd July 24
Possible short term bull case on technicals only with PT's by 2 brokers also
This is certainly speculative, however im starting to see some divergences showing up on short time frames and noteably on the 1h. The last update I gave here, no longer can be used at all. You will see it had a possible W1 in place, however now this retracement wave has taken back more than 100% of the prior wave, therefore no longer qualifies as a wave 1. So the process starts all over again. For that reason I cant look forward very far at all. I have bought in with a small position purely on the divergence i see and the price targets given by couple of broker and will see how it plays out. Im basically fishing for the bottom, hoping for a large runway to come as all the indicators say its bottoming out. That doesnt mean it can still plummet further. Beware. As it starts to play out and show more indication, I will update the chart again.