We are still in a long position that has been carried throughout the week. If an (e) wave has just formed then we are likely to see a bounce off the lower channel trendline. This is a riskier trade so a small lot size should be taken if you are opening a trade now...
Note
now is a great time to enter the trade or add onto another positionTrade closed: stop reached
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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.
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.