ES1 LONG Idea
ES1 is moving in a strong daily channel and it's near the top of that, as wave trader we think it's on the 4 wave that is corrective and may go lower to 0.50 0r 0.618 of the impulse wave. so we think must wait to complete the 4th wave and then enter the long position near the bottom of the channel and near 0.5 to 0.618 fibo support zone
Note
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Note
to the wave 5 at the top of the channelTrade closed: target reached
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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.
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.