The main trend: Bearrrrr. So clear.
Elliot Count: May be ending a big trend in D1
Trend Line: Test again an again with HH and HL.
Trade Setup:
Long: if the price break the trend line (red) and close above (at least 50% of candle)
Short: if the price fails to break the trend line (red) ==> form a long shadow of candle stick + close below.
Wait and see....
Elliot Count: May be ending a big trend in D1
Trend Line: Test again an again with HH and HL.
Trade Setup:
Long: if the price break the trend line (red) and close above (at least 50% of candle)
Short: if the price fails to break the trend line (red) ==> form a long shadow of candle stick + close below.
Wait and see....
URIFX
Break the ML! Time to go long!
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