We are moving as per plan, and as per Falcon Waves - probably finest and very few trading analysts o internet to tell followers about it when many were bullish.
Now with CPI data out the gap down will end at wave 3 - followed by bounce to form wave 4 (where longs will exit) and then wave 5.
I have also marked some vertical lines for you all.
Enjoy.
A clear chart is here:
How to trade?
If you have not taken any short positions then you need to wait for some pull back.
注释
Updated counts:
- Internal wave 3 marked in pink 3 done? - up in pink 4 and down to pink 5 goal / target ?
交易结束:到达目标
Can you see that horizontal purple line - I call that Target Line. Probably because purple is colour of Royalty.
So wave iii (wave 3 dark pink) done, moving towards wave iv (wave 4 dark pink)? Using trigger line method, and Falcon CCI to plan this trade.