We want to see subwave W1 at DMR 104.50-106 againg, but the probability of that is not high. If so, we'll miss subwave W1 trading and focus on daily chart.
As for subvave D1 we are wait for its decline to 107-108 range to buy this wave. Yet, take not that below 109.0 price enter reversal zone and may sharply rise from anywhere. Thus, we need to place buy stop order at 110.70 right after new min below 109.0 to trade D1 subwave.
As for subvave D1 we are wait for its decline to 107-108 range to buy this wave. Yet, take not that below 109.0 price enter reversal zone and may sharply rise from anywhere. Thus, we need to place buy stop order at 110.70 right after new min below 109.0 to trade D1 subwave.
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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.