Hey friends!
If you haven't already - you should be looking to take profits here! Also looking for a potential short entry in this area. We have potentially 5th Elliott Wave + supply zone and some divergences going on!
Good luck!
If you haven't already - you should be looking to take profits here! Also looking for a potential short entry in this area. We have potentially 5th Elliott Wave + supply zone and some divergences going on!
Good luck!
Trade active:
Short entry 3815 (Mex)
Observing with mental SL
Observing with mental SL
Trade closed manually:
Manual close 3830. Keep observing.
Comment:
Parabolic advance on V wave broken. Should start looking for a short entry.
Comment:
Quick update on the situation. The Wave count above is obviously not valid anymore and here is a new count.
Looking for a fifth wave upwards into 3500 area and observing for a short entry.
Looking for a fifth wave upwards into 3500 area and observing for a short entry.
Comment:
Wave IV correction - V wave into supply area