An ABC forecasting an 100% extension as it aligns nicely with R3 target. If it doesn't fulfill the analysis, this is a classic trap and I was caught in it. Maybe I should have waited for the pull back to confirm wave 1 of wave 3 or C before entering. However, the reaction of 38% fibo is strong and a break of the previous high convinced me to enter.
Trade stängt: målet nått