Hello traders!
Today we look at an idea of a short sell based on the possible end of completion of Primary Wave 4 correction. In this scenario, we assume that the descending ending diagonal wave C is about to be complete as double zigzag correction Minuette WXY in purple.
The blue box shows Fibonacci cluster between Minuette W = Minuette Y, and Primary Wave 4 at 38.2% of Wave 3.
Today we look at an idea of a short sell based on the possible end of completion of Primary Wave 4 correction. In this scenario, we assume that the descending ending diagonal wave C is about to be complete as double zigzag correction Minuette WXY in purple.
The blue box shows Fibonacci cluster between Minuette W = Minuette Y, and Primary Wave 4 at 38.2% of Wave 3.
Trade closed: stop reached:
Idea to be re-evaluated after the last impulse.. Perhaps wave Minute Wave 4 is a regular flat 335 ?
