When to go long on the fiber
When the owl is singing, of course! But when will the owl sing? When the five wave started at the b point is completed. Yes, but where? How about 1.09? (I would rather see the actual end point of the wave rather than just putting a limit buy at 1.09) I can only say that it's something above 1.08476.
The expected wave might be an X wave (I think this is unlikely) or the beginning of a new big impulse, both of which would require a five wave to the North.
Targets? Well, first, at b, then, at the end of 5, but the exact targets will become clear as the wave forms.
I wish everyone a lucky trade!
FOLLOW UP:
You may look the next idea for the developments, which is below.
The expected wave might be an X wave (I think this is unlikely) or the beginning of a new big impulse, both of which would require a five wave to the North.
Targets? Well, first, at b, then, at the end of 5, but the exact targets will become clear as the wave forms.
I wish everyone a lucky trade!
FOLLOW UP:
You may look the next idea for the developments, which is below.
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