Here is a possible completion of a Wolfe Wave and a Correction . There is also a Completion of a Crab Pattern confirming the possible Correction . An AB=CD Harmonic move and completion . Now it is all about timing your trade and planing your entry . I have deliberately posted a side by side Chart as i am looking for that Divergence in RSI. We also have a very important Double Bottom which is also an indication of Support IF by chance i get an Engulfing Bullish Candle i will take the trade .
Please trade your own Plan and Rules as this is just an example of events . Trade what you see
Comments
johnmad
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If we break above this small channel then i will add to my position
johnmad
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My Trade is Active and my Limit order just kicked in .