The above hourly chart suggests that prices are near a completed five wave decline and are ready for at least a bounce, if not more.
Both the Daily and Weekly models have been simple and effective in managing positions. While the trends are decidedly bearish, the False Bar Stochastic at each time frame is situated to trigger long. When and if the hourly trend model reverses, NNVC could begin a nice oversold pop to higher prices.
A
