Looking for a quick retrace of this initial wave. Might adjust TP to the 61.8 depending on the following price data.
I want to hedge short if any bearish ABCs crop up within this wave.
Peripheral shorts remain active as I expect lower lows based upon larger wave structures.
NFA
I want to hedge short if any bearish ABCs crop up within this wave.
Peripheral shorts remain active as I expect lower lows based upon larger wave structures.
NFA
Comment:
Entry point has moved to the lower low around 19,630
Comment:
Trade failed, took a setup for an engulfing ABC at a lower price which I'm too lazy to type here.