ES1 is moving in a strong daily channel and it's near the top of that, as wave trader we think it's on the 4 wave that is corrective and may go lower to 0.50 0r 0.618 of the impulse wave. so we think must wait to complete the 4th wave and then enter the long position near the bottom of the channel and near 0.5 to 0.618 fibo support zone
Comment:
to the wave 5 at the top of the channel
Trade closed: target reached
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