Anyway, it seems the wave 3 could not wait for the E point on the . Usually, when that happens, the next move is pretty strong. In this case, strong enough to pass right through the upper of the triangle which had multiple touches before and was pretty strong resistance. So what now?
As you can see, the has been completed BUT I won't play it. Not now.
Now I'll wait for a retrace back down to that structure and look for a structure trade opportunity. I won't "chase the move". I'll let it come to me. In the meantime, I'll be re-evaluating the situation and see how best to take advantage.
Year-to-date Profits: +5,794 pips.
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