after completing a five wave pattern, we are expecting price to retrace to at least %50 of the five wave pattern.so after creating wave A we waited for price to retrace to .618 of the fibbonacci and thats the reason we had our entry there.. trade with caution.
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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.