OPTION 1
it could even reverse on the trendline , i should wait to see where it close this week and eventually if it reverse monday , last short was nice and clean in the 4 wave .
OPTION 2
we have a broken rsi , so long side signal , now we are gonna to close near the trendline which is a rising resistance level , if breaks that trendline, ritest the trendline with a small retracement it should keep the trend on long side
if the wave count it's correct after this uptrend , we should expect a correction abc and . Everything on chart!
it could even reverse on the trendline , i should wait to see where it close this week and eventually if it reverse monday , last short was nice and clean in the 4 wave .
OPTION 2
we have a broken rsi , so long side signal , now we are gonna to close near the trendline which is a rising resistance level , if breaks that trendline, ritest the trendline with a small retracement it should keep the trend on long side
if the wave count it's correct after this uptrend , we should expect a correction abc and . Everything on chart!
Trade active
Trade closed: stop reached
well , i preffered to close the trade i will open again if it's the case it was a bit early but i tried to get long Note
so the market has chosen th short way this uptrend should give up soon , wednesday fed shoudl cut rates ... short. New higher high on the stock market. Gold should get up tooNote
fed cuts rates => dxy get down.
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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.