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
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Short entry 3815 (Mex) Observing with mental SL
Trade closed manually
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Manual close 3830. Keep observing.
Comment
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Parabolic advance on V wave broken. Should start looking for a short entry.
Comment
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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.
maybe your EW counting is wrong. wave 3 consists of 3 subwaves -> this would suggest to define your 1 at 3585.