Hi guys,
I was looking for some data on the chart and found this proeminent impulse up. It has almost perfect propotion of standard wave 1-2 bullish trend impulse to name it wave 1-2. It can be the first lvl of some major ones but i will let some time to pass and give my opinion after.
As for know, i see this as a test for the bulls so im staying conservative on any targets. Thats why it not a full post with all information, because some is missing, so lets go step by step.
I was looking for some data on the chart and found this proeminent impulse up. It has almost perfect propotion of standard wave 1-2 bullish trend impulse to name it wave 1-2. It can be the first lvl of some major ones but i will let some time to pass and give my opinion after.
As for know, i see this as a test for the bulls so im staying conservative on any targets. Thats why it not a full post with all information, because some is missing, so lets go step by step.
Trade closed: target reached
Comment:
took profit earlier past week. hope you enjoyed the ride !
Comment:
for educationnal purpose, heres the final count and i expect the standard ABC retracement to standard fibo retracement point but with a MA twist giving us a potential landing zone. Lets give us 24 hours before classifying probability on this scenario but heres my first work :
