Continuing on previous IOT short idea where I shorted wave C of 4 - expecting an extended 5 wave structure following an irregular flat.
Now price action has reversed at the start of wave 1 with a valid 5 wave structure that is wave C of 4.
We can long for wave 5.
Now price action has reversed at the start of wave 1 with a valid 5 wave structure that is wave C of 4.
We can long for wave 5.
Commentaire:
end of wave 1 rather*
Trade fermée manuellement:
wait and see what btc does
Transaction en cours:
i got back in with a better base price, reducing position size and sticking to the original plan
Commentaire:
let's see where this takes us, set SL to break even.
