BTS will correct a bit after it broke out of the channel, forming corrective wave No 4, but it shouldn't get higher than D (3737)
Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800
We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Open trade : as near as you can to 3737
Target: 2500
Stop loss: a close after 3800
We're in a Double Zigzag correction : textbook form here http://www.elliottwave.net/educational/basictenets/basics_images/fig_13.gif
Trade active:
opening a trade at E
Trade active:
Adding to my short @ 3700 resistance . if it breaks, trade is cancelled.
Comment:
Comment:
Comment:
Here is how it should look like