We have broken down out of the bear pennant and have rejected as it stands the inverted H&S, the 4 hr chart showed a nice H&S forming and looks to of followed to plan.
If we follow the 2nd impulse wave on our way towards the end of the abc correction it should stop a nudge under /over 9k before a pull back and then on with the 5th wave to the 7k zone.
Good luck, she is a wild beast to tame.
If we follow the 2nd impulse wave on our way towards the end of the abc correction it should stop a nudge under /over 9k before a pull back and then on with the 5th wave to the 7k zone.
Good luck, she is a wild beast to tame.
Note
Note
Note
Waves adjusted, not sure why they keep getting moved of scaleNote
Perfect call Trade active
I took profit at $9300, will watch pull back, I underestimated the length of the 2nd wave that's for sure, was a big one.Note
nearly perfect call on the symmetrical triangle, broke out and went close to the distance of the top to the bottom of triangle before a pullback.Note
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Disclaimer
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.