I have been talking about an NJ buy for a while considering this price action channel/ diagonal. Simply looking for a 1-2-3 to take place either direction it is going. It wicked out of bottom of channel off .786 fib. Looking for a corrective flag here or a breakout of channel and correction for confirmation. We had a 1 hour correction, but it can expand or even...
Plotted this for a friend. Feel free to examine and adjust for your trading Ideas. This is going to be a LONG 4 to 5 Ewave trade.
Have Divergent in TF day this is good idea for short if price can to break low that's big trend what we waiting for
Okay traders, we had pretty aggressive downward move and after that price created rising wedge at H4. Sell the breakout of bottom line. Good luck!
Downtrend in NJ probably going to continue after 0.500 retracement and hitting of the daily R1 Resistance + trendline resistance. SL and TP shown on charts. Let me know what you think!