If we are correcting inside an expanding wedge, preparing for the 5th wave we might looking long for the inner C around 24.900 and then short all the way down deeply below 23.
Note
we are two kind of scenarios, the first one is that we have done with ABC correction and we would see a move down at least at the bottom of the red channel, the second one is that we will break up the channel and we will see a rally up:Note
soon i will post a new idea cause we got the stop in this one.Related publications
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Related publications
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.