TA:
-ABC Flat correction with target 161.8% target reach
- Break previous support may become resistant
- 3rd large wave formation!
- Chart pattern: bearish rectangular
TP:
- Current in formation of 3rd sub wave of C which is good run to below structure support.
- Need more data to identify the roadmap
-Conclusion:
- If we able to catch this wave will be a good RR trade setup since in the longest 3rd implusive wave.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
-ABC Flat correction with target 161.8% target reach
- Break previous support may become resistant
- 3rd large wave formation!
- Chart pattern: bearish rectangular
TP:
- Current in formation of 3rd sub wave of C which is good run to below structure support.
- Need more data to identify the roadmap
-Conclusion:
- If we able to catch this wave will be a good RR trade setup since in the longest 3rd implusive wave.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
Comment:
Let ride the swing
