The 5 wave uptrend elliot wave has been finished, it is now correcting. We do not know if C is reached yet. Therefore, I buy when it breaks out of the channel or it reaches the end of the falling wedge.
Will determine targets once this trade becomes active
Will determine targets once this trade becomes active
Comment:
Wait for the next buy oppurtunity around 7000
Trade active:
New Uptrend channel after the breakout
If you buy now, put stop-loss at 8000.
Target: 17000