Last leg v of larger correction (4) due to complete near 0.6182 retracement of (3). Sell at the top of iv, target 0.6182 retracement, SL at break of upper channel line.
Order cancelled
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entry order not triggered
Comments
TradingEW
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Entry order not triggered and cancelled, at the same time there's no evidence of a 5 waves impulse wave c for completing correction iv and could be coming next.
Thus, still in consolidation but looking for long term advance from under 0.6182 x (3) retracement.
Thus, still in consolidation but looking for long term advance from under 0.6182 x (3) retracement.