D1 I'm looking at an expanding flat in wave B looking to buy for the C up.
H4 Were getting close to the 78.6fib with bullish divergence. Looks like were in a channel down with price getting close to the bottom of that channel.
H1 I'll be looking for an impulse up and nice bull flag to buy, cation is needed as price can go lower and because were in a B wave it can even break the A wave low according to EW structures. Therefore wait for a nice buy setup before jumping into the buy. It's only a matter of time before we get the C up!
H4 Chart.
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H4 Were getting close to the 78.6fib with bullish divergence. Looks like were in a channel down with price getting close to the bottom of that channel.
H1 I'll be looking for an impulse up and nice bull flag to buy, cation is needed as price can go lower and because were in a B wave it can even break the A wave low according to EW structures. Therefore wait for a nice buy setup before jumping into the buy. It's only a matter of time before we get the C up!
H4 Chart.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, share and hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Trade closed: target reached:
Silvers done it's job on D1 with the C up, we now have bearish divergence on the D1. Theres no confirmation D1 C wave is over but i'll be starting to look for the short's.