as you may saw on my previous post. i'm on bear side waiting for confirmation to sell. but this 2 days i can't found any confirmation, hihihi
so as i'm so addicted to taking position. i would like to take on bull side, and here is my reason:
the 3rd wave was 323% of 1st wave, so in my opinion, the correction is not over yet.
i'm expecting 1 more bullish impulse before bear continue the trend. also, if wee look at the 423% fibonacci, an orderblock is found.
i set my SL slightly below 161% fibo expand because the 4th wave sholdn't reach 50% of 3rd wave (50% of 323% is161%)
good luck on your trade
so as i'm so addicted to taking position. i would like to take on bull side, and here is my reason:
the 3rd wave was 323% of 1st wave, so in my opinion, the correction is not over yet.
i'm expecting 1 more bullish impulse before bear continue the trend. also, if wee look at the 423% fibonacci, an orderblock is found.
i set my SL slightly below 161% fibo expand because the 4th wave sholdn't reach 50% of 3rd wave (50% of 323% is161%)
good luck on your trade