Descriptions on the chart
1. Price below cloud 2. TK cross 3. Waiting for candle rejection before opening short position
1. Divergence spotted 2. Trendline broken and retest Waiting for another pullback or for the price to break the cloud before opening long position
Wave 4 has finished and making it's way to the top of wave 5
Trade carefully. Buy only when price break the upper line. Patience is virtue