Building triangle wave b pattern noted
Stop is .7040. Below the extreme of wave a of triangle B
Target is equal legs A = C @ .7159
Stop is .7040. Below the extreme of wave a of triangle B
Target is equal legs A = C @ .7159
Trade closed: target reached
Wave 2 ended up being a running flat and not a triangle - eitherway it took off towards 1.618 extension. My target was too low under 1.272 extension but a profitable trade is a good trade. Still possible to enter this again with a wave 4 retrace.
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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.