DOW Jones - Wave 5 Now In Progress - Pay Attention To This
Blue Wave 5 of Wave C of Larger Wave 2 Now In Progress - Follow these waves precisely if you want to short.
This is not a short trade idea, this is analysis that will lead to me posting a short trade idea when the time comes, be patient.
See my related ideas below to see how we got here.
It looks like Blue Wave 4 just finished so now we are going to make one final high for Blue Wave 5 and then we need to see a break of the Magenta line to confirm Wave C is complete.
Once the Magenta line has broken you can either immediately place a short trade or wait for a correction to form.
I know the Blue Wave 4 correction looks weird but its valid. If reading the waves was easy then everyone would be a millionaire.
When I post the short trade idea for this I will wait for the correction to form after the break of the Magenta line for maximum safety and entry point.
Please LIKE and FOLLOW to get notification of updates and future posts.
This is not a short trade idea, this is analysis that will lead to me posting a short trade idea when the time comes, be patient.
See my related ideas below to see how we got here.
It looks like Blue Wave 4 just finished so now we are going to make one final high for Blue Wave 5 and then we need to see a break of the Magenta line to confirm Wave C is complete.
Once the Magenta line has broken you can either immediately place a short trade or wait for a correction to form.
I know the Blue Wave 4 correction looks weird but its valid. If reading the waves was easy then everyone would be a millionaire.
When I post the short trade idea for this I will wait for the correction to form after the break of the Magenta line for maximum safety and entry point.
Please LIKE and FOLLOW to get notification of updates and future posts.
