Previous Setup 1st wave run well, being patient for correction 2nd wave it seen come to the end, could it be the starting of the 3rd wave???
TA: - 50% retracement of wave 1 - Pitch fork median line support well - B wave retracement is kind of shallow which not even hit 38.2% - Is still a perfect zigzag correction of wave A=C - Cup and Handle can you spot? - Strong structure
FA: - few event fall on 15May / 28 May / 6 June
TP: - previous high to be conservative - Large wave 1 of 50% retracement which is equal with cup and handle target 1=1
-Conclusion: - As a trader is a good setup
TRADE with RISK MANAGEMENT!!! I am an individual trader, based on personal analysis. Welcome to share your ideas and let's improve it!
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