hey, hope you are well
Based on this chart and what we can see, we are probably at the end of wave 1 structure. So, there is a high probability that we encounter a correction.
I believe if the Trigger line breaks, we can go short and reach our TPs.
Cheers.
Based on this chart and what we can see, we are probably at the end of wave 1 structure. So, there is a high probability that we encounter a correction.
I believe if the Trigger line breaks, we can go short and reach our TPs.
Cheers.
Note
I closed one of my positions to risk-free my short entry.
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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.