What you see here is the chart I sent to my subscriber's. I bought from where I have the wave (ii) of C marked to catch the wave ( iii ) up to the top of the triangle. Now, I'm not looking for this triangle to complete. It's more representative of the consolidation. No, what I see will happen is that there will be a retrace backing off from that upper TL in a wave iv and then there will be another wave up and out of that "triangle". I am looking for prices to eventually reach my "critical area" ending this entire wave 4 correction of the larger degree.
For now, prices have filled a completed right at that upper TL and are backing off in a wave iv. There is a POTENTIAL and a POTENTIAL that are both awaiting fulfillment.
I am looking to add more positions to this trade when the opportunity presents itself. Of course, I will be alerting my subscribers when that opportunity shows itself. You already missed out on this great trade by not being a subscriber. Don't miss another! Go here to subscribe now: http://goo.gl/qRNGsF
Please keep in mind that I am not giving any trading signals or trade calls here. Only providing my own trade thoughts for your benefit and insight as to my trading technique and style. Please don't ask if you should or should not take the trade or ask for stop loss and take profit levels. Any SL or TP given on my trades are my own I have used for my trade and are not recommendations for you to use. If you are not sure, then you do not have a trading plan for yourself in place. I suggest you make one before you continue to do any trading!
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