Generally just looking for the next shoulder to form, but this might already be a good entry area.
This would be a beautiful HnS and the breakout could take us far.
Keep a lookout for where else the shoulder may form, break gray bos and shoulder can still form lower, hard invalidation is if we get new lows below 'head'.
Still waiting in the grey zone. Do you think we are going to move to the 120 area without closing more gaps below? 60/70/85 ….approx
yoaquimboom
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@marcantdo, its a good question. I currently have not yet entered and am waiting for more confirmation. The zones/gaps you're talking about have confluence with the previous shoulder as well. Like I said on the post I would keep a look at for other areas where the shoulder could form. And as you say those zones are beauties for the shoulder to form.
marcantdo
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@yoaquimboom, i entered at 92. I rather it is going to 130/140 but I think we are already in the wave 3 starting till 102 and the wave 5 till 107/108.