Good Afternoon,
Awaiting price to break from a small bearish flag. Price action is not only in close proximity to respected trend line, but near a support level. Waiting for price break to go long. In my opinion I believe we are on the C leg of Elliot Wave corrective pattern. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Awaiting price to break from a small bearish flag. Price action is not only in close proximity to respected trend line, but near a support level. Waiting for price break to go long. In my opinion I believe we are on the C leg of Elliot Wave corrective pattern. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence.
Thanks,
Trade Wisely
Trade closed: target reached