Notes on chart
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Price did not close below stop loss level. Trade still active.
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Wolfe Wave and TG1 hit. Now eyeing TG 2.
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Longs, be mindful of this move. We should have a deep pullback to the entry point before hitting TG 2.
Longs, be mindful of this move. We should have a deep pullback to the entry point before hitting TG 2.
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Providing an alternate scenario. Its quite possible that this Gwave level acts as support here and resistance above. If the resistance is broken we can expect TG 2 to be hit.
I am still holding on to my long. A break of the Gwave support will take me out of my position.
I am still holding on to my long. A break of the Gwave support will take me out of my position.
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TG 2 and Gwave target hit
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All targets hit.