The arb’s graph is moving in an Elliott wave pattern. Wave (3) has a 1-2-3-4-5 subwave structure, which is an impulse wave. Now, it is increasing in wave 3 of Wave (3), which is a correction double combination. Wait for wave 3 to complete and then enter the trade at wave 3 to target wave 4. However, one shouldn't trade against the trend. We should wait for wave 4 to complete and then enter the trade at wave 4 to target wave 5 of wave (3).
Komentar:
entry 1 long 1.700
Komentar:
End the plan arb
tp 2.673
tp 2.673