This is a possible fractal from a prior formation on the same time frame. If wave 5 ends up going below point 1 then this is a busted formation and no trade is to be take. If price holds here and closes above blue line, that would signal a long trade. This is not the greatest risk to reward trade and so you may want to pass on it. Enjoy.
ความคิดเห็น:
Target was reached on this one.