The highlighted region on the left represents the end of wave 1. We see the ABCDE correction to accumulate sellers for another wave down. I believe wave 1 of wave 3 (the trade) will drop to the support zone, then retrace for more than 50% to drop again for wave 3 of wave 3. Interesting to see what comes up. Quiet week ahead of us. If you wish to position trade this there is a potential of 800 pips.
I am trading & traveling around the world. If you wish to follow my journey I journal all of it through instagram. My @ is the same as my tradingview!
Cheers
I am trading & traveling around the world. If you wish to follow my journey I journal all of it through instagram. My @ is the same as my tradingview!
Cheers
Trade closed manually
3/4 profits closed manually and stopped out at Break Even
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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.