I've added notes to the chart that validate why I believe this is a buy opportunity based off of using the Elliott Wave Theory.
I believe we are in a corrective structure of a regular flat (3-3-5), moving into wave C.
Price is currently sitting in a demand zone.
I believe we are in a corrective structure of a regular flat (3-3-5), moving into wave C.
Price is currently sitting in a demand zone.
Comment:
Trade stopped out. Reentered.
Trade closed: stop reached
Trade active:
Re-entered.
Trade closed: target reached:
Bumpy ride up.