H4 We have 3 down with price just under the 161.8 fib extension in wave Y. Wave Y may not be over and price can push down to the 200fib and beyond but once wave Y is over I'm forecasting for the correction in X2 before we get the Z down finishing off the downside.
There are no current buy setups and taking sell trades at a low is dangerous so I'm only looking for buy setups on the lower timeframes.
I will update this idea once I see a potential buy setup.
Good luck and trade safe!
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There are no current buy setups and taking sell trades at a low is dangerous so I'm only looking for buy setups on the lower timeframes.
I will update this idea once I see a potential buy setup.
Good luck and trade safe!
If you like this idea hit the thumbs up to show your appreciation for this free analysis, You seen these counts and analysis here first!
Thank's to all the traders in advance that hit the thumbs for your support!
Trade closed: target reached:
38.2fib hit TP
