This one had a truncated 5th wave , its rare to find in Bull market like this , unless there is fundamental issues
I am looking this in two different views
01) Brake out of the Current Flag structure and move towards target , it should be strong due to Bearish market trend in order to convince its going for short term target
02) Come back to level and brake recent low and then turn around for Next Impulsive leg , this is Going to go for minimum to Target and then we can look how it moves
I am looking this in two different views
01) Brake out of the Current Flag structure and move towards target , it should be strong due to Bearish market trend in order to convince its going for short term target
02) Come back to level and brake recent low and then turn around for Next Impulsive leg , this is Going to go for minimum to Target and then we can look how it moves
Trade active:
Brake of current Flag can lead a Strong move up
Comment:
OK its Joking with us , we did enter and our trailing stop got hit , Now again we are looking to enter , i still do not have any changes in my out look , i am firm as when i was posting it ,