Looks like we have a triangle in wave B of 3 wave ABC correction and we should have wave C to retest at least level of D point of triangle.
Be aware it may be also second impulse of bigger bear trend so its worth to take this trade and keep it if goes in direction expected.
Be aware it may be also second impulse of bigger bear trend so its worth to take this trade and keep it if goes in direction expected.
Comment:
Trade active
Comment:
Clear breakout
Comment:
Trade closed: stop reached
Comment:
Comment:
Looks like wave E of triangle is not finished and i will re enter on breakout
of inner trend line if wave down will develop.
of inner trend line if wave down will develop.