We have a valid WXY corrective pattern at wave four, which prints a low wick at .382 ret of wave 3.
Anticipating a break of resistance trendline for wave 5.
If the position comes into fruition, SL should be placed below the assumed end of wave 4.
Anticipating a break of resistance trendline for wave 5.
If the position comes into fruition, SL should be placed below the assumed end of wave 4.
Comment:
H1 RSI
Trade closed: target reached:
closed in sell zone