Elliott Wave counts don't get much prettier. 4.25 Risk-to-Reward. Stop is close by with a breach of the Wave-1 high and the 50%. What's not to like? I'd encourage a small opening position with some dry powder to add if the trade gets off to a good start. There will be many places to add if the count is realized...
** NOTE: High impact report in less than an hour so, nothing wrong with getting on the other side of that before entering... if it takes off higher, wait for the wave 2 on the lower time frame. If it rips lower and takes out the Wave-1 high then... hold your ammo.
** NOTE: High impact report in less than an hour so, nothing wrong with getting on the other side of that before entering... if it takes off higher, wait for the wave 2 on the lower time frame. If it rips lower and takes out the Wave-1 high then... hold your ammo.
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