Constellation of opportunities

8 gen

It is clear that five impulse is in the past and now it is a correction. This idea is to ride wave C of the correction.

• [* wave picture is suspiciously clear which is a bit of concern: wave A was a zigzag and wave B was a flat (and a clear 5 wave preceding impulse]
  [* flat of wave B is finished so now a move to the south has been started]
  [* additionally, promising entry is supported by price breaking out of Bollinger Bands]
  [* safe exit target is around $215 which is the middle of the gap to fill. If this would be a zigzag or even ending diagonal in it, it would be more clear where to exit and I will provide an update. One of the options is that length of wave C will equal length of the wave A. So 18 to 25% gain here is expected]
  

l’altro ieri

Ordine annullato

wave count was wrong, closing