- 5th leg is in place. - The DAILY TF is bearish, as this push up is a deep retracement into the 0.66% fib levels. - WFB in place.
Where shall we enter?
- We can enter a safe position once Risk Trendline structure level has been broken as this will confirm that this is the 5th leg. - Once WFB is broken expect some form of correction, enter on the break of correction.
Once entered where will our SL BE?
- SL will be above blue structure zone for safe SL