Avalanche is currently in a simple ABC pattern. We have completed wave A and now in wave B that looks like an ABCDE pattern.
Looking to catch wave C once we finish subwave E of wave B.
Trade idea:
- Risk entry on break of orange trendline
- Safe entry on break of red trendline
- Stops below lows after we break either of the aforementioned trendlines
- Targets: 16.5, 21, taper
Goodluck and as always, trade safe!