I think we are in the wave 4 retracement, for a downward impulsive wave.
Wave 2 retrace to between 0.23 and 0.38 fib levels, so I hink were gonna go to 0.618 fib level in wave 4, which we have ust saw and bounced from. I think theres gonna be one move wave down.
Short market price 2.69
stop loss 2.79
take profit at 1.39 (below 2.6 because wave 3 went to below 1.6)
Wave 2 retrace to between 0.23 and 0.38 fib levels, so I hink were gonna go to 0.618 fib level in wave 4, which we have ust saw and bounced from. I think theres gonna be one move wave down.
Short market price 2.69
stop loss 2.79
take profit at 1.39 (below 2.6 because wave 3 went to below 1.6)
交易结束：到达止损
Stop reached for this trade, wave was not over yet
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