One thing I love about the wave principle is its clarity in structure. Following a medium degree five wave impulse move ( black waves ) the market gave a corrective ( ABC ) move. Wave C has just been completed and we're now looking for a follow up impulse. The main trade anticipated is the long trade after wave 2 has been completed.
Hope you have a lovely and profitable trading week ahead
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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.