This is a short term trade valid only within the channel for the bottoming swings currently prevailing.
By calculating theoretically,
Triangles 1 and 2 are equal sides with origin or points of force centered at A
Triangles 3 and 4 are also projected equal sides with origin at B
A and B are origins of two vector radii related by simple expansion ratios and rotating clockwise
Triangle 3 has completed and triangle 4 is still forming.
New entries can wait for the 0.5 or of the recent swing to complete
Point B is the strongest for the current swing and stop loss order should be set tightly below
it until the first side of the triangle is completed.
The current primary bear trend will be completed between 8th to 12th June completing 572 / 576 days
from the high in 2018. Long term entries would be appropriate for the next cycle after the completion of the