Long time since I could put my finger on anything related to everyones favorite pair. This one looks clear to me. Nice 3:1 return. I believe it will extend beyond my limit, but to be safe in case it is a flat w5 I will stay at that limit. More aggressive investors could go even deeper or maybe a trailing stop.
Comments
lorenzoMiami
⋅
And of course, the stop got slightly miscalculated. It is a shame... as this formation is heading south. After a possible confirmation of a new wave III I will possibly be shorting it again.