Scalping levels is the way to go here. My setup doesn't allow for entries at this point, but an aggressive trader, can identify good entry points and short up to -10% mkt change.
5 waves in(1-5), expecting a little pullback up, before the final leg down. The 5th terminated the same level as the 3rd, possible cause we had a deep retracement from the 4th, however there are chances that we can still be playing some flat correction unfolding in the 4th wave, which will be followed by a huge wave up, marking the completion of (1-5). The former makes more sense in the meantime and I wouldn't dismiss the idea of a possible move up, at least at this time.
Happy trading!
5 waves in(1-5), expecting a little pullback up, before the final leg down. The 5th terminated the same level as the 3rd, possible cause we had a deep retracement from the 4th, however there are chances that we can still be playing some flat correction unfolding in the 4th wave, which will be followed by a huge wave up, marking the completion of (1-5). The former makes more sense in the meantime and I wouldn't dismiss the idea of a possible move up, at least at this time.
Happy trading!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。