Option 1 Bearish 1-5 Impulse: Bottom at 2910-3040, ABC correction to 3310-3520
Option 2 (not shown in this chart): ABC correction finished around 3300, now could start a new 1-5 Impulse to 4310-4470.
Option 1 is more likely to happen due the presence of Falling Wedge structure (shown in the chart) and two H&S patterns completed (not drawn).
Educational
Option 2 (not shown in this chart): ABC correction finished around 3300, now could start a new 1-5 Impulse to 4310-4470.
Option 1 is more likely to happen due the presence of Falling Wedge structure (shown in the chart) and two H&S patterns completed (not drawn).
Educational
Trade active:
2950 and go
Comment:
Rebuy at 2720
Trade active:
2720 filled
Comment:
0.786 support
