this is a short analysis, tried recording it to explain my trade plan. The idea is to enter upon breaking the upper channel for a long. The tps are fib levels, all the way up to the orange box. SL is 0, fib level.
All levels, tps, sl, entry are in reference to the fib
entry triggers:
5 waves in a parallel channel(a-e)
break out and retest
clear count of abc
entry: 0> - .236 tps: .236, .382, .5, .618 sl: 0
trade safe due diligence is advised!!!
Note
in the video I mentioned scenario where 4 and 1 don't touch, the count is a-e actually.
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