Looks like a rising impulse wave has ended and its correction wave is emerging.
I am in a short and expect that a possible long entry would appear after the correction ends.
The correction could be a zigzag or symmetrical triangle which nobody knows at the moment.
I am in a short and expect that a possible long entry would appear after the correction ends.
The correction could be a zigzag or symmetrical triangle which nobody knows at the moment.
Trade active:
Opened the long as planned at 51,020.
Comment:
Reached at the first target.
Comment:
Reached at the 2nd target.
Will switch to a short when it arrives at the final target.
Will switch to a short when it arrives at the final target.
Trade closed: target reached:
The final target got touched.
The rally is stronger than I thought and I will wait for the next position entry point.
The rally is stronger than I thought and I will wait for the next position entry point.