As seen on the previous H4 chart the PATERN AB = CD pattern is complete, which is where patern AB = CD takes place in the CORECTION WAVE ABC cycle. and seen also on the ABC CORECTION WAVE journey there is a mini ELLIOT 1-5 cycle
STRATEGY TRADING buy on break on TF 30 and TF 1 hour, alternative BUY if there has been a swing low on TF H4, to minimize the risk of stoplots at 107,325 and upside targets on the red line
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.