MishaSuvorov

IWM daily bullish hammer wave 3 of wave 3 downtrend

Long
AMEX:IWM   iShares Russell 2000 ETF
IWM daily bullish hammer at support wave 3 of wave 3 downtrend volume confirmed. Wave 4 gotta be quick it's a countertrend. Stop loss below local low, take profit at new resistance.
Trade closed manually:
Going down

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