The power of Wave Principle is revealed when the wave count unfolds itself with following fundamental news, in this case, we are ready to go down with Catalonia. Also divergence in Momentum indicator gives us a little bit confidence.
Comment:
It seems that the wave (4) is over. Great buying opportunity but I suggest to be patient and add little position
Trade closed: target reached:
Patience!!
We had profits taken around 11.900. Now we are going to breach all time high!. Seems like a perfect time to get long.
We had profits taken around 11.900. Now we are going to breach all time high!. Seems like a perfect time to get long.