- Complete 5 impulsive waves for a long downtrend. - Finally having some significant rebound with Volume Profile accumulated around the bottom. - Currently probably on-going some retracement. - Waiting for the MA50 and MA20 to be nicely set up. - Having green bar upon a bad trading day seems like selling pressure is going off. - Good point for accumulation with tight stoploss around the pivot low.
Disclaimer: For discussion and sharing purpose only. NOT buy or sell recommendation. Trade at your own risk. #TAYOR
Comment
Triangle resistance ahead. May TP partial for short term. Seek for retracement entry opportunity for upcoming wave E.
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