Trade update.
Target is refined and around 52 (52.14) is looking to be a probable target for a reversal. Let's see what happens.
Just did some EW calculations just for fun. Looks like an ending diagonal within an ending diagonal.
I would still advise buying the breakout and not the low.
The breakout is also refined and I would wait for a break of at least 70 or 80 and not 60.
Why? The chance of being in a large corrective 4 according to the teachings of EW is too dangerous.
Sometimes we have to give up some gains just to be more sure of the move and not risking getting dumped on.
Let's go champ!!
