1-5 elliot wave finished and now in the process of the A wave long. Wait for the b wave retracement and go long on the C wave.
Comments
TomBurgoine
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My Stop for the move up on the A wave would be at the bottom of wave 5 closing price (A break even stop if you entered the trade at the start of the A wave ), however I would wait for the B wave retracement and put your stop on the bottom of the B wave closing price for the long C wave trade.