Not financial advice
Trade idea moving forward
Short to 69 then long to 94.
I circled the area I believe we are repeating.
The Fisher trendline we are under it currently
Even tho the stoch shows oversold I'd be looking at the .025 area for entry.
Still has room to come down.
We had a 15% drop after the indecision candle and that was followed up by a 37% move to the upside.
We had an ABCDE correction which ended in the COVID crash of 2020
Then we had a 12345 Waves before we topped out during the start of Ukraine War.
Now we are in a corrective ABC pattern
A would be 69.00
B would 94.00
And C below 50
Again this is a monthly charts so it'll take time
Always remember to practice practice.
#PIK
Patience is Key
#TLAW
Think Like A Whale