The 2-month triangle could be in its final wave (e).
We don´t trade pure wave counts, so we´ll wait for some type of bullish price action (a decent break of the triangle) to get into a trade.
Breaking of 39.52 invalidates this count.
We don´t trade pure wave counts, so we´ll wait for some type of bullish price action (a decent break of the triangle) to get into a trade.
Breaking of 39.52 invalidates this count.
Note
Trendline was broken downwards, past wave C, so the count is invalidated and no trade was triggered.
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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.