US30 - More Room To Drop! 🩸

US30 hasn't finished its bearish leg. According to our analysis, we are still in wave C of the major ABC correction. Wave C has 5 waves are we are currently on the 3rd wave (which is also made up of 5 subwaves)

For this trade idea, we require some time for the subwave 4 to appear, which will look like a correction. Once we see this correction, we can use a simple trendline and watch for it to break and enter accordingly.

Trade idea:
- Watch for subwave 4 correction to appear
- Draw a trendline for this correction
- Entry: break of trendline
- SL: above price once the trendline breaks

Goodluck and as always, trade safe!

评论:

Watch for these 3 things to happen

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Anyone catch it?