based on my analysis the wave b of 4 is close to finish and with that said I'm looking to trade wave c the big move of 5 motive clean waves to the downside as a big regular flat correction of 335.
--what I always look for on the 4h strong confirmations; divergence between 3/5 of c plus we already have the daily divergence between w/y pink; after that imma be looking for lose of momentum bulls are out; and price action basically long wick candles/doji/shooting star... rejecting that 0.9 fib s/r zone, last one which gives me the confidence to go for ma plan is strong engulfing spikes to the downside.
-- on 1h just looking for new structure the break of it will be my entry on 15m/5m
stops =above previous structure
target is 1.236 fib of A/B based on regular flat wave c fib target
--always think of probabilities anything can happen, have a good week guys 💪🏽💪🏽
--what I always look for on the 4h strong confirmations; divergence between 3/5 of c plus we already have the daily divergence between w/y pink; after that imma be looking for lose of momentum bulls are out; and price action basically long wick candles/doji/shooting star... rejecting that 0.9 fib s/r zone, last one which gives me the confidence to go for ma plan is strong engulfing spikes to the downside.
-- on 1h just looking for new structure the break of it will be my entry on 15m/5m
stops =above previous structure
target is 1.236 fib of A/B based on regular flat wave c fib target
--always think of probabilities anything can happen, have a good week guys 💪🏽💪🏽
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