The power of Wave Principle is revealed when the wave count unfolds itself with following fundamental news, in this case, we are ready to go down with Catalonia. Also divergence in Momentum indicator gives us a little bit confidence.
Note
It seems that the wave (4) is over. Great buying opportunity but I suggest to be patient and add little position
Trade closed: target reached
Patience!! We had profits taken around 11.900. Now we are going to breach all time high!. Seems like a perfect time to get long.
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.
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.