It seems like the 4th wave is in the making, and if this is the case, the next wave should be the C. That's why I want to take a long trade. The last low can be the end of the wave B, and it looks like we have a reversal structure. Now, I'm waiting for a small trade setup over the yellow trendline to place a pending order.
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.