1D wave: Bear. Still bear until reach the 50 - 61.8 fib level.
4H wave: complete A-B-C, next A-B-(C or impulse wave).
Invalid setup: If price goes over high of wave A.
Setup Confirmation: if price goes into the safe zone + high volume OR price breaks current wave channel + high volume.
4H wave: complete A-B-C, next A-B-(C or impulse wave).
Invalid setup: If price goes over high of wave A.
Setup Confirmation: if price goes into the safe zone + high volume OR price breaks current wave channel + high volume.
Trade active
Consolidate and falling down....Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.