Looking for a potential Flat or Zig Zag to short the c wave of IV.
That could be a tough catch, especially if this morphs into a triangle.
The Big Trade will be the potential end of wave IV looking for a long
entry anticipating wave V beginning around the bottom of lessor degree
wave 4 and the .382 fib.
As always hoping the candlesticks will help fine tune the entry and stops
for the trigger signal long and lowest risk.
(not real interested in the tricky looking short but might give it one try if
it looks like a flat which would help define the risk . . .
much more interested in the bigger long)
That could be a tough catch, especially if this morphs into a triangle.
The Big Trade will be the potential end of wave IV looking for a long
entry anticipating wave V beginning around the bottom of lessor degree
wave 4 and the .382 fib.
As always hoping the candlesticks will help fine tune the entry and stops
for the trigger signal long and lowest risk.
(not real interested in the tricky looking short but might give it one try if
it looks like a flat which would help define the risk . . .
much more interested in the bigger long)