In this Daily chart outlook of 
MP I'm looking for a continuation higher after breaking out of green wave iv. As the chart suggests I'm not ruling out a consolidation in red wave 2 assuming green wave v plays out. I don't hold a position but may take an initial position on any small pullback in the orange degree, but I would have one eye on increasing that position should the red wave 2 consolidation occur.
MP I'm looking for a continuation higher after breaking out of green wave iv. As the chart suggests I'm not ruling out a consolidation in red wave 2 assuming green wave v plays out. I don't hold a position but may take an initial position on any small pullback in the orange degree, but I would have one eye on increasing that position should the red wave 2 consolidation occur.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.