Here is the updated Weekly outlook on 
YCA .
At the point of the last weekly outlook the chart was just breaking out of the cyan X wave with price at 487p, at that point i called 750p as a point where price could retrace for the next larger consolidation, that was pretty dead on, price reached 751.5p.
The pullback in (X) could grind lower to reach the yellow zone, or correct higher and lower like the ABC pattern shown, it can take more forms than that, but ultimately when the correction finishes i will be looking for a continuation higher towards the yellow and cyan zones, starting at 948p.
Note: i create my outlooks with the browser tabs hidden (F11) so if they look squashed, that is why.
If you appreciate my analysis, i'd appreciate a like and follow.
YCA .At the point of the last weekly outlook the chart was just breaking out of the cyan X wave with price at 487p, at that point i called 750p as a point where price could retrace for the next larger consolidation, that was pretty dead on, price reached 751.5p.
The pullback in (X) could grind lower to reach the yellow zone, or correct higher and lower like the ABC pattern shown, it can take more forms than that, but ultimately when the correction finishes i will be looking for a continuation higher towards the yellow and cyan zones, starting at 948p.
Note: i create my outlooks with the browser tabs hidden (F11) so if they look squashed, that is why.
If you appreciate my analysis, i'd appreciate a like and follow.
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