So I decided to close my longs at 710 instead of 720. I can also see why this is going down now. Still ..... long term bull prospect. Check below for pennant formation 4H.
Note
Pennant formation Note
CREDITS TO PRPS AS WELL FOR MAKING ME THINK DEEPER INTO TAsNote
Just some important guidelines from the pros : The forms for Wave 2 and Wave 4 will alternate. If Wave 2 is a sharp correction, Wave 4 will be a flat correction. When Wave 3 is the longest impulse wave, Wave 5 will approximately equal Wave 1. So I will need to lower my target to the 800 region.
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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.