Wave iv) in progress I am planing to join for wave v) from current price level we can see some more drop to the level of 61.8%...I expect 50 EMA will also support for bounce...wave i) and b of wave iii) is critical support for wave iv)
Trade active:
Comment:
Wave iv) did not violate wave i) and start to give reaction from 61.8% level, which is we expecting and want to see..
Comment:
iv) respected to 61.8% and invalidation level of i) we can expec bounce as soon
Trade closed: stop reached