Looking like a very strong impulse Wave 1 just transpired with the textbook parabolic 5th wave. Based on the timeframes in play, i would expect a rough sketch of what is in the chart to transpire with the relatively flat ABC correction Wave 2 taking place before a potentially very profitable Wave 3. Aggressively looking at 50-70%.
Comment:
It's going to take a bounce off the bottom trend line here to avoid reversal. Our friend BTC made a mess of the markets this morning.
Trade active:
New idea posted - hope everyone scored the 50%+ here
