Putting in a 5th of the a of the Y. Looking for an 3 wave a-b-c (larger degree b) out of the a then 5 waves down for a c, confluence zone around $4,000 +/- 400.
Comment:
Comment:
Zooming in on the latest action. Looks like we are working on our push down for a 5 to make the 5th of the a. Confluence around $6000. I am looking to get in 2.5% down from $6,071. *note on 2.5%, In the past I've noticed I am typically 2-3% above to bottom when picking long term targets, I now ladder in my buy with the bulk ~2.5% down, I check the order book and place stops to fine tune.