D1 we got one wave down and the upside looking very corrective. Internally the correction up may not be over as we could still get the Z up to complete the larger X wave but I'm not expecting the top to be broken (1.84184)
Wave W took around 6mth to complete so this is a longer term trade with a high probability of getting the Y down, this could take 6mth or more to complete but with great RR!
61.8fib look to be holding at this stage, look for sell setups on the lower time frames against the invalidation point.
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Wave W took around 6mth to complete so this is a longer term trade with a high probability of getting the Y down, this could take 6mth or more to complete but with great RR!
61.8fib look to be holding at this stage, look for sell setups on the lower time frames against the invalidation point.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
H1 were got expanding flat in B wave with bear flag forming, look for sell setup's.
Comment:
1st TP hit
Comment:
2nd TP hit, Start looking for buy's