SO far we have had 2 textbook 5 wave sequences Up with the ABC retraces ..They only show up on 5 min charts :S
REallY REally CLear on LTF .. I was astonsihed ... as in I hit the long button 100% 20x once i saw it !
(Thanks to joker for helping me do the analysis ) :)
We are about to start what will be the last sequence we are in wave 2 of the last .. great time to get in ;)
As the 3 impulse waves will then make up the 5 waves up on the HTF ...expect a retrace down to 245 once we hit our 255 target
You will remember the rock of gilbralter of Resistance 256 that has been on my charts the last 26 days (big green line ) As gandalf would say .. "Ye shall Not Pass" Nor will this day ;)
If we break 246 the sequence is broken an this is invalid so keep ur stops tight around this level