This is my EW count.
We just finished an ABCDE correction in this falling wedge and now have a potential one wave.
We just finished an ABCDE correction in this falling wedge and now have a potential one wave.
Note
This is how I will trade this:- I wait till we break out of the flag
- then I will start taking profit at the 30% gain lvl
- using trailing stop losses I will try to get some more %
- Because as you can see I see more than 30% potential in this trade
- However don't be greedy
Note
This worked out perfectly: Note
Now let's get the next trade. This is where I am looking to buy next: Note
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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.