It seems like the 3rd of 3rd has started. The breakout is not just the breakout of 4 but also a breakout of double bottom chart pattern and a nice buildup is there.. I have bought of about 25% of the capital for this trade. My total account is in risk of less than 0.5% at the moment and I am gonna add up after the retracement is over,, Happy trading!!!!!
For now, the price has bounced off from the golden level of wave 1 of current degree. But this might be wave 1 of one larger degree which has just finished. So need to observe what the price action does in the coming future. If the price breaks the level of b, then we can add on the position in our previously entered position at the successful breakout of the wave...
