Despite the rally, it can be easily marked as an ABC or a WXY.
Time to dump and complete the weekly/ daily ending diagonal
Trade safe
Time to dump and complete the weekly/ daily ending diagonal
Trade safe
Kommentar:
RSI divergence in play
Kommentar:
For this option to trade, need an overlap at ~17k. That negates the scenario with the third wave unfolding to the upside now
Kommentar:
My tiny sell stopped out.
Wave A - a leading diagonal. Note: wave 1 of it is also a leading diagonal.
Check for the higher frame - current move is approaching 62% level, where we may observe a strong rejection.