WXY corrective wave subdivided into abc
wave w =y
wave c = 1.382 a
Taking entry at the top of wave Y and c at 1911
take profit at the low of wave b at 1875
(since it is part of big trend you could taking entry at the top of trend so take partial profit their )
(white trend line is our initial support if it breaks than we have intraday trend reversal )
(this was abc corrective wave structure with c wave extension in lower degree )
(on breakout of 1911 resistance we will try again 1932 which 0.618 fib retracement of daily trend )
wave w =y
wave c = 1.382 a
Taking entry at the top of wave Y and c at 1911
take profit at the low of wave b at 1875
(since it is part of big trend you could taking entry at the top of trend so take partial profit their )
(white trend line is our initial support if it breaks than we have intraday trend reversal )
(this was abc corrective wave structure with c wave extension in lower degree )
(on breakout of 1911 resistance we will try again 1932 which 0.618 fib retracement of daily trend )
Comment:
not bad intraday trader
Trade closed: target reached:
Trade closed: target reached
