I consider the triangle from previous ideas posted here invalidated with last week's low. That count was removed from this chart.
Price reacted strongly off wave 2 target on what can count as a completed decline. I'm long, watching overhead resistance for signs of the yellow count as depicted. I'll post a longer-term chart with overhead targets for waves 3 and 5 of (1). Stops should be below last week's low, or as low as 1137.32, depending on one's R/R tolerance.
Price reacted strongly off wave 2 target on what can count as a completed decline. I'm long, watching overhead resistance for signs of the yellow count as depicted. I'll post a longer-term chart with overhead targets for waves 3 and 5 of (1). Stops should be below last week's low, or as low as 1137.32, depending on one's R/R tolerance.
