Price did not close below stop loss level. Trade still active.
Comment
⋅
Wolfe Wave and TG1 hit. Now eyeing TG 2.
Comment
⋅
Longs, be mindful of this move. We should have a deep pullback to the entry point before hitting TG 2.
Comment
⋅
Providing an alternate scenario. Its quite possible that this Gwave level acts as support here and resistance above. If the resistance is broken we can expect TG 2 to be hit.
I am still holding on to my long. A break of the Gwave support will take me out of my position.