This is a short then long position flip that is playing off the third wave down and then on the fourth wave back up. The yellow trend lines show the possible pathway.
Short position
Entry : 4.785
Stop loss : 4.940
Target : 4.540
Long position
Entry: 4.545
Stop: 4.415
Target: 4.775
Short position
Entry : 4.785
Stop loss : 4.940
Target : 4.540
Long position
Entry: 4.545
Stop: 4.415
Target: 4.775
Comentário:
The short sell executed perfectly! Now lets see what happens withthe long position.
Moc G