Time, Price,Pattern and momentum all indicate that the market is ready to go up, I think we by a trigger in the lower time frame we can enter to the market
it seems we are in a major wave4 and in a HORIZONTAL TRIANGLE. They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. There is a mistake indicating a position that I'd like to show, I mean short not long.. :)
it seems we are in a major wave4 and in a HORIZONTAL TRIANGLE. They appear to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility.
UP Trend is very strong but shark pattern is going to be complete, entering to the short position with a trigger may help to lower a risk of trading....
it seems is going to complete harmonic shark pattern, it is a good R/R to enter to the market by a good trigger.
it seems it is going to make AB=CD and then going for ending wave5. I'm waiting to see what will happen them make my decision it seems it's not an ideal AB=CD pattern