Count is:
Completed 12345 larger degree A wave down.
Completed lesser degree A wave up (Part of ABC flat?)
Trade is to short the B wave down, and target (hopefully) between 80-100% of wave A.
The safer, bigger trade will be to catch the C wave of the zig zag down.. First week or so of 2020.
Let's see!
Completed 12345 larger degree A wave down.
Completed lesser degree A wave up (Part of ABC flat?)
Trade is to short the B wave down, and target (hopefully) between 80-100% of wave A.
The safer, bigger trade will be to catch the C wave of the zig zag down.. First week or so of 2020.
Let's see!
Trade closed manually:
Closed this trade because the picture is clearer on LTF views. I believe this is turning into a 5 wave move for an A of a zig zag correction.
Instead of waiting for this to hit my stop loss, I closed it and will set a sell order at 1.31576.
Anyone else trading this move?
Instead of waiting for this to hit my stop loss, I closed it and will set a sell order at 1.31576.
Anyone else trading this move?
Comment:
Updated count with where I will be looking at entry.. We will want to see bearish divergence on indicators in order to enter..