Please see wave 5 of a 5 wave analysis, even though there is a tad bit more room for upside as illustrated by the chart, I believe we are entering wave 5 of the 5 wave move down after a Diagonal upwards correction, my only concern is wave retrace is most commonly 38.2 % of wave 3 this one is 50% which still makes it valid, but less common.
Wave 5 should be 100% of wave one, this is not trading advice just an upload for my records so I can refer back to it, Please also note this is is a longer term trade, most likely going to take place over the course of a week or two,
Please like comment and share your opinions, Would usually have written a longer explanation but I am tired today lol
Never interested in joining a signal program. however am always looking for new people to share ideas with, hopefully bounce off one and other, I have passed two ftmo accounts, looking to pass two more in the next month merge them and scale it up accordingly,
Happy trading.
Wave 5 should be 100% of wave one, this is not trading advice just an upload for my records so I can refer back to it, Please also note this is is a longer term trade, most likely going to take place over the course of a week or two,
Please like comment and share your opinions, Would usually have written a longer explanation but I am tired today lol
Never interested in joining a signal program. however am always looking for new people to share ideas with, hopefully bounce off one and other, I have passed two ftmo accounts, looking to pass two more in the next month merge them and scale it up accordingly,
Happy trading.