I think the flat correction is about to end and we will see an impulse wave to upside soon.
I'll be a buyer at the break of correction happening after 2-4 trendline breakout or after break above the wave 4 of Y wave of the flat.
I'll be a buyer at the break of correction happening after 2-4 trendline breakout or after break above the wave 4 of Y wave of the flat.
Commentaire:
this is a closer look. Note how structure develops and note the divergence in lower time frame.
Commentaire:
the trade has not triggered yet, the structure is developing as an ending diagonal. the overall structure is still valid
Commentaire:
ending diagonal broke to upside as expected
Commentaire:
since price moves below the low of structure, I changed my view :
