Description
⋅ We have classic bearish 5 waves pattern with an ending diagonal trangle in wave 5.
An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast.
In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.
Comment
⋅ Comment
⋅ Fantastic progress.
Comment
⋅ Comment
⋅ We have new high today.
Trade closed: target reached
⋅ Comment
⋅ Price reached magneta line and we have sharp reverse,
Time to take profit.
Nice winner.
900 points.