My previous post was before subwave 1 of what I believe is wave 3, but subwave 2 almost completely retraced it.
Timing looks right to break out of subwave 2 and into subwave 3 of wave 3. RSI on hour already shows breakout. MACD has crossed. I think its a momentary drop back before price breaks out and we see a nice gain.
Timing looks right to break out of subwave 2 and into subwave 3 of wave 3. RSI on hour already shows breakout. MACD has crossed. I think its a momentary drop back before price breaks out and we see a nice gain.
Trade closed: stop 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.