Let's look for another impulse wave up, as we are still in a good uptrend according to the 200EMA on the 4HR. If we break the uptrend line, abandon this idea. Remember the 1-2-3 strategy we use, and keep your stops below the impulse waves on the 1HR or larger TFs.
Cheers and GLWT! -Erik
Trade active
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Looks like a BO! Here's the new targets and uptrend.
Trade closed: target reached
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Cheers! I've been away from blogging for a little while. Will be back soon!