Watching for a break.
It's been a tough read for an Elliott wave trader (for me at least) but I am looking for a break of this trend line to confirm some bearish action.
Trade closed: target reached
C wave looks like it progressed in 5 waves so I will now be looking for a move up.Note
Interesting to me that the wave up seems to be in 5 waves. I will be looking for a correction and then some continuation to the upside.
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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.