The current correction is moving slowly and spending more time than previous impulse. So, I can define the current wave is a corrective one.
The price action moves nearby the top of wave 1, the favorite zone to buy with low RR.
Idea: Waiting for breaking of correction channel to buy OR buy right now and put a stop loss some pips bellow peak of wave 1.
The price action moves nearby the top of wave 1, the favorite zone to buy with low RR.
Idea: Waiting for breaking of correction channel to buy OR buy right now and put a stop loss some pips bellow peak of wave 1.
Trade ativo:
Trade fechado: stop atingido:
Stop reached. I still wait for break out and buy!