Hi everyone!
As traders/investors we should always:
-keep in mind different scenarios
-count risks in both sides
-be ready for everything)
It is still a possibility for downside move. We can still be in last Wave 5 of 4 after a complex Wave 4 of 4 in a shape of irregular flat
Also look at current chart on lower TF. Its very likely that upsidemove from 25000 to 28500 is a zigzag (A=B) that set a Wave 2 of 5 of 4, so we could see a sharp decline next week
Lets be ready for everything and be friends with risk management
As traders/investors we should always:
-keep in mind different scenarios
-count risks in both sides
-be ready for everything)
It is still a possibility for downside move. We can still be in last Wave 5 of 4 after a complex Wave 4 of 4 in a shape of irregular flat
Also look at current chart on lower TF. Its very likely that upsidemove from 25000 to 28500 is a zigzag (A=B) that set a Wave 2 of 5 of 4, so we could see a sharp decline next week
Lets be ready for everything and be friends with risk management