Daily Bear candle - goes against stradegy but I am counting a wave 4 here so maybe its over
Noticed a sharp impulse breaking out of downtrendline
Waiting for 1 hour close and then look to enter at a .38% retrace with stop below last swing low
Profit target should be minimum .7303 to break the previous high of wave 3
Play is an anticipated wave 5 up to complete C wave before resuming downtrend
Noticed a sharp impulse breaking out of downtrendline
Waiting for 1 hour close and then look to enter at a .38% retrace with stop below last swing low
Profit target should be minimum .7303 to break the previous high of wave 3
Play is an anticipated wave 5 up to complete C wave before resuming downtrend