Shorter timeframe situation

14 ott 2022

Following up with the previous idea, I believe for the shorter timeframes (<30 mins), we could be possibly in the making of smaller degree ABC correction to the downside targeting ≈0.45.

16 ott 2022

Trade attivo

Lingering around the 0.382 fib extension from the bottom of the last dip to the local high. I'm still expecting another dip for the completion of the C subwave for (ii) at 0.618 fib extension (≈0.468).

16 ott 2022

Trade chiuso: obiettivo raggiunto

Bullseye! 0.618 fib hit at around 0.468!

Profits taken.

Waiting for confirmation for long position entry.