just a quick scalp to complete the last impulse or the corrective wave then i will look to long once i break the low , and complete the big regular ( or running ) flat for a juicy position this is nota financial advice - trade at ur own responsability
Trade active
i still see that the price is going down to complete the biggest structure 4h /1h , price should break the low as predicted before
once we break the low , the C wave can be over at any time, we just wait for a confirmation to surf the biggest move up again confirmation can be like a big impulse upon the 15min chart followed by a correction ( relular flat , running flat , expanding flat ) , once the top of the correction is broken + no divergence , we can go long with high confidence ( if any convergence detected , just wait for a pullback and buy the pullback )
Note
our trade is protected , the stop lose is moved to breack even , no panic buying no FOMO if we are going to buy we wait for correction or we will complete the bigger flat to go back down one more time just relax
Note
market structure did change ! we got our bottom that's good we will wait for an impulse up to complete a running flat and we will probably go more down to breack the low again in this situation i'm on standbye
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.