over the weekend. (a gold trade is why)
Looks like the open has put the trade back into the sell range.
BUT, now this is starting to look like a B wave triangle which means
it could just as easily be the start of a C wave Up.
So, I'll take this trade if the candles trigger a sell entry close to X for a
and divergence for a small risk.
What would you do with this ? ? ?
Oh yes, I call it a "sorta" because it does not meet
my rules for leg A to B in that it has traveled beyond the .618 Fib.
and to my experience has reduced probabilities.
I'm still doubtful, but, should let it run as much as possible.
that's one of my new year - trading - resolutions:
To let trades run more freely with less second guessing.
Give'em a chance to hit the targets, just be sure and get out
when I know I'm wrong.