Although we were already positioned for a breakout in the previous upleg, we got out for a brekeven when it retraced fully. It seems like the daily correction got a bit more complex with (hopefully) a completing C wave that may mark the bottom. The target remains the same.
May this one be a lesson - a bullish correction can always go a tiny bit lower before breaking to the upside. Any time it gives a go to break the top we should already be in the trade from lower.
May this one be a lesson - a bullish correction can always go a tiny bit lower before breaking to the upside. Any time it gives a go to break the top we should already be in the trade from lower.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.