The 4th wave retraced back to the 61.8% Fibonacci level of the 3rd wave which is a great entry for the 5th wave. I put SL below the 50% retracement and the first TP at the weakest 5th wave peak would be and the second at the highest.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
