Each wave count needs a correction rn, besides one, which is being currently nearing invalidation based on the rsi movement currently.
Long position.
Open trades, close 1/4th at each target. move stop loss to entry once target 1 is reached . targets are 382, 618, 0.78, and then a huge impulsive move up. buy back in with profits when impulsive move up is established.
If price does not reach open pos. level, short at continuation of downtrend (lower lows).
Long position.
Open trades, close 1/4th at each target. move stop loss to entry once target 1 is reached . targets are 382, 618, 0.78, and then a huge impulsive move up. buy back in with profits when impulsive move up is established.
If price does not reach open pos. level, short at continuation of downtrend (lower lows).
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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.