DOW JONES - Wave Analysis - Wave 2\3 Price Action Retracements

In this video we quickly examine expected retracements after Wave 2 has completed.

We want to capture some profits so that we can re-enter the trade with less risk.

See related idea below.

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Trade closed: target reached

Comment:

This will probably go to 28,300 - 28,400 but better safe than sorry.

Profits were taken at 28,000 if you listened to the minimum expected target.