It seems that this correction in wave 4 of C of primary (B) to the upside (targeting 4300+) finished before what we were expecting, at 4054. Price action in the descent looks choppy and a descending broadening wedge has formed. Nasdaq already broke its 4H bull flag.
We therefore closed our short and got long at 4120.3. Stop loss 4100 risk 0.4%
We therefore closed our short and got long at 4120.3. Stop loss 4100 risk 0.4%
Trade active:
closed on entry. Restriking 4095.6. Possible micro count below
Trade active:
sl on entry. still can play count as here
Trade active:
DBW seems failed. We want to leave both scenarios opened (see counts above). So we are hedging our long with a short from 4127.5
Comment:
Long closed on entry, holding the hedge for the short scenario here
