H4 I'm still looking to see the internal C wave down to complete the structure.
H1 looking like we will get expanding flat in wave B. Expecting to get at least a wave C down.
We still don't have confirmation internal C up is over so wait for confirmation of more downside to come like a bear flag for example before taking short position.
Look for sell setups against the invalidation point. If price pushes up breaking the invalidation point without giving a sell setup, leave it alone!
1st targeting the 100fib
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
H1 looking like we will get expanding flat in wave B. Expecting to get at least a wave C down.
We still don't have confirmation internal C up is over so wait for confirmation of more downside to come like a bear flag for example before taking short position.
Look for sell setups against the invalidation point. If price pushes up breaking the invalidation point without giving a sell setup, leave it alone!
1st targeting the 100fib
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Comment:
Price broken above invalidation point. Leaving it alone for now.
