Internal C up is either over for a running flat or we will get another push higher for the expanding flat. price action suggests an expanding flat at this stage.
Experienced traders can trade the buy for a scalp as no one know's where wave C up will end but the bigger impulse is to the downside, This is the trade you don't want to miss!
I may update the idea if I get enough interest in the idea!
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Experienced traders can trade the buy for a scalp as no one know's where wave C up will end but the bigger impulse is to the downside, This is the trade you don't want to miss!
I may update the idea if I get enough interest in the idea!
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
We got the expanding flat as per my analysis and a break lower. if you took the break short move to BE or at very least just above the C high as the structure can become more complex. 1st TP 123.6fib
Comment:
Previous update short trade playing nicely and going to plan. Low broken and now we have bullish divergence. Take profit or at least half off and wait for the next signal!
Comment:
Price has dropped much more than I had anticipated, Well done if your still in half the trade. H1 I have it as a ABC down, Price getting closer to the H1 100fib with bullish divergence forming. I will update with a new Idea when I see a setup!
