Hi all,
From the 3.6k low I count a five-wave leading diagonal which appears to me as a wave one. I'm currently short from 7190, trading the C wave down to complete a wave 2.
Looking for the wave 2 to end somewhere in the region of 5.5-6k, we'll get a clearer picture of this as the move develops though.
Thanks :)
From the 3.6k low I count a five-wave leading diagonal which appears to me as a wave one. I'm currently short from 7190, trading the C wave down to complete a wave 2.
Looking for the wave 2 to end somewhere in the region of 5.5-6k, we'll get a clearer picture of this as the move develops though.
Thanks :)
Trade closed manually:
I'm out of this short for now, looks like we had a shorter C wave than expected. I''ll likely switch out for a long position as soon as I re-analyse.