I am in a short and a possible long entry would appear.
Updated
Looks like a rising impulse wave has ended and its correction wave is emerging.
I am in a short and expect that a possible long entry would appear after the correction ends.
The correction could be a zigzag or symmetrical triangle which nobody knows at the moment.
I am in a short and expect that a possible long entry would appear after the correction ends.
The correction could be a zigzag or symmetrical triangle which nobody knows at the moment.
Trade active
Opened the long as planned at 51,020.Note
Reached at the first target.Note
Reached at the 2nd target.Will switch to a short when it arrives at the final target.
Trade closed: target reached
The final target got touched.The rally is stronger than I thought and I will wait for the next position entry point.
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.