I've changed my wave count of impulse. I think consolidation + impuse was ending of small wave 5 of wave (3). So now we are in ABC correction (in wave C) in the way to finish wave (4). I think level 5200-5000 is good to enter LONG with first targets 6000-6200. SL below 4900.
Transaction en cours:
For now, it might be wave IV finished near 61% of wave III move. Lots of sells here. 3 pin bars. I think it might be end of wave iv and possible move down to 5000 I am waiting for. SL below 5500
Commentaire:
Trade fermée: ordre d’arrêt atteint:
The correction was over at 5100 as Parabolic Outburst. Now probably wave 5 is developing.