I was expecting a C wave down out of the corrective structure. Instead price has broken out north and formed a low degree flag = buy
It may go long from here but it may also swing back down forming a more complicated corrective structure.
If you want to buy then make sure you get your stop to break even as soon as possible just in case it reverses.
NOT investment advice - charts for educational and discussion purposes only
Hope this helps
Steve
It may go long from here but it may also swing back down forming a more complicated corrective structure.
If you want to buy then make sure you get your stop to break even as soon as possible just in case it reverses.
NOT investment advice - charts for educational and discussion purposes only
Hope this helps
Steve
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