We've been tracking this setup for the past few weeks. The market has formed an Elliott Wave structure, and it looks like Wave 4 is now complete. We're likely entering Wave 5 to the downside.
Stop-loss is placed above the wick, with a minimum target at last week's low.
Game of probability lets see how it goes...
Stop-loss is placed above the wick, with a minimum target at last week's low.
Game of probability lets see how it goes...
Trade active
Move SL into profits 👌🏼Trade closed: target reached
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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.