Have hit all rules of an ABC down and have great Risk Reward here to take this trade...if we break down below our zone marked it will likely indicate a larger correction but right now we're catching the potential bottom of this correctional count down and anticipating the new cycle up until proven otherwise.
Note
Note
Also spotted this which is quite a nice addition would look to scale out of position on fib levels.Note
pinged the .382 fib around 83~ sat level would take some profit here.
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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.