Long
LABS/USDT signals that a bottom is in, shifts to bull trend.
Typically when a clear 5-wave move is made in a new direction this is a good indicator that a bottom is in and the trend has shifted to a new direction. Look for resumption of the new trend after an A-B-C correction on just completed on the LTF.
Note
This was wishful thinking. One of the reasons I have moved away from discretionary trading into more reliable algorithmic methods.
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