Hello everyone here we have a long based on a few things
1) The structure has completed its C on the top and also seems to have completed its first impulse wave
2) We are looking to buy the correction because our indicators are oversold also we have a gartley which is giving us a very good R;R with a 3:1 as our first target
3) In case the structure forms a triangle we can target the upper trendline which gives us a R;R of as high as 1:6
4) In case we were to consider this is an expanding structure, We can target the upper trendline
1) The structure has completed its C on the top and also seems to have completed its first impulse wave
2) We are looking to buy the correction because our indicators are oversold also we have a gartley which is giving us a very good R;R with a 3:1 as our first target
3) In case the structure forms a triangle we can target the upper trendline which gives us a R;R of as high as 1:6
4) In case we were to consider this is an expanding structure, We can target the upper trendline
