I consider a small long position( increase position on confirmation) around 3.00, for the reason where approaching a strong support level and fib level 61.8% which completes our 4th retracement wave.
If the 3.00 level breaks the bullish case is off the table and the current correction(ABC) is completed to start another 5 legs down...
Really excited about this setup.
If the 3.00 level breaks the bullish case is off the table and the current correction(ABC) is completed to start another 5 legs down...
Really excited about this setup.
Comment:
I didn't get the opportunity to enter a long position, but we have another chance if we break the 4.00 level then we ride up to 6.00.
