based off of the 1hr view im looking to take a position in this channel. based off of the channel im projecting price to correct to about the 50% fib.
Trade closed: stop reached:
a sell channel came out of the rally instead of a buy rally but no worries
stop loss was hit and we'll play price action for a while while we dig deeper into the wave.
stop loss was hit and we'll play price action for a while while we dig deeper into the wave.
Trade closed: stop reached:
current market structure presents idea of consolidated correction.
Trade active:
see 1hr update