Link is on Wave 4 of Wave C on the final leg of the larger Wave B correction.
How to trade this? You can trade the bounce off the bottom part of triangle during Wave E or wait for break out of upper triangle trend line.
Personally, I'd rather wait for short opportunity because the reward would potentially be larger.
How to trade this? You can trade the bounce off the bottom part of triangle during Wave E or wait for break out of upper triangle trend line.
Personally, I'd rather wait for short opportunity because the reward would potentially be larger.