Currently making a correction on the daily timescale - looks like a simple ABC but of course it could become more complex. This week look for completion of wave C and potential long trade to the top of the corrective structure (at least)
All forecasts will be updated as they develop - remember to follow to receive them.
Always wait for an entry set up before risking your money.
This is not investment advice - it is purely for educational and discussion purposes. Your Ideas, comments and questions welcome
Good luck Steve
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On the 1H chart we have a possible short set up but we have no idea of how far down it will go. For this reason I will not trade it - wait for the turn and go long. I'll update this when I expect the long set up
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Watch for the breakout
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Sorry the above comment has been posted on the wrong chart
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musiq787
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I'm also seeing this entry point and target, but for a shorter time frame!