Trade is still active and going grerat.
We did some sell high/buy low with wave D and E. Next few days will determine further direction.
Currently the main idea is a priority, but there is an alternative (gray count on chart). Our previously marked correction wave A can be marked as an impulse wave and triangle will be wave B of more complex correction. This alternative will move price down close to the 1.3 price in a possible wave C.
If correction is more complex (gray count), next move up will be not very rapid like we expect. Stop is the same.
It is still Long play for me in any scenario.
Be careful out there and good trades.
We did some sell high/buy low with wave D and E. Next few days will determine further direction.
Currently the main idea is a priority, but there is an alternative (gray count on chart). Our previously marked correction wave A can be marked as an impulse wave and triangle will be wave B of more complex correction. This alternative will move price down close to the 1.3 price in a possible wave C.
If correction is more complex (gray count), next move up will be not very rapid like we expect. Stop is the same.
It is still Long play for me in any scenario.
Be careful out there and good trades.