Re-analysis this chart, currently price is at the 61.8 retracement this could be the completion of B wave as there's a double top and divergence. Looking for a short down C wave.
Just an analysis, wave traders feel free to comment
Will only engage if there's confirmation
Counter trend trade, if the pattern does form, the actual entry and target will be shared in the inner circle.
Plan your trade and trade your plan!! When nearing the completion of pattern, actual targets will be shared in inner circle chat group
Lets see if there will be a sell off
From Bearish to bullish bias, based on the current fundamental situation couple with sentimental and technical analysis (inverted H&S x 2) However this long move may lead to a larger right shoulder forming on the weekly chart for a shorting opportunity (just my opinion), for now I will trade what I see. Always trade your plan and plan your trade with risk...
Plan your trade and trade your plan.
Leave a comment, I am here to learn not to advice. Cheers!!
Trade your plan and follow your own rules
Trade your plan and plan your trade
Trade your plan, conservative target as this is a counter trend trade
Possible formation of Shark on H4, trade with your own filters. Trade ideas will be shared in inner circle when pattern is near completion.