We are either in a corrective WXY as originilly posted of we are starting a new trend down as part of a 1-2-3-4-5 swing set up. Keeping both of these scenarios in mind the new trading week starts.
P.S the PTP Trend Strategy on the 15 min time frame has been on fire lately.
Close to completing what seems like a WXY of a in a 4th EW. Go higher one more time to take out the stops above at the all time high.
The 5th leg will finish a structure started in the in Oct of 2019 so be careful.
Only one way to play this market is one leg at a time. No opinions. Let price tell you which way to position yourself, take the PTP signal and manage the risk.
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All the best,