Count is:
Completed 12345 larger degree A wave down.
Completed lesser degree A wave up (Part of ABC flat?)
Trade is to short the B wave down, and target (hopefully) between 80-100% of wave A.
The safer, bigger trade will be to catch the C wave of the zig zag down.. First week or so of 2020.
Let's see!
Completed 12345 larger degree A wave down.
Completed lesser degree A wave up (Part of ABC flat?)
Trade is to short the B wave down, and target (hopefully) between 80-100% of wave A.
The safer, bigger trade will be to catch the C wave of the zig zag down.. First week or so of 2020.
Let's see!
Trade closed manually
Closed this trade because the picture is clearer on LTF views. I believe this is turning into a 5 wave move for an A of a zig zag correction.Instead of waiting for this to hit my stop loss, I closed it and will set a sell order at 1.31576.
Anyone else trading this move?
Note
Updated count with where I will be looking at entry.. We will want to see bearish divergence on indicators in order to enter..
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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.