The 4H Chart showed the end of Wave 2 and the beginning of the Impulse Wave 3 (so called "A Wonder to behold").
Reasons for entry: Wave 1 (Impulse) and 2 (ZigZag Correction) seemed to have ended. Alligator had turned up. AO Showed bullish momentum. Entered on the Long Fractal.
Reasons for entry: Wave 1 (Impulse) and 2 (ZigZag Correction) seemed to have ended. Alligator had turned up. AO Showed bullish momentum. Entered on the Long Fractal.
Note
Wave 2 is also Wave 4 of a larger degree and wave 3 will be wave 5 of a larger degree.Note
Turned out to be wave 5 "Slow and Steady"Trade closed manually
He conquers, he who thinks he can…
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He conquers, he who thinks he can…
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.