The retrace should be over.
A trendline break or a 123 Trade opportunity may arise. Wave 4 was Technically confirmed when the Awesome Oscillator crossed the zero line. But the norm is price retraces back to the Tunnel and a little beyond before proceeding with Wave 5. But doesnt mean it will. If it does then a Break Out 4 trade may present itself. Which will be a short for the completion of Wave 5. If price decides to complete wave 5 here. Then Look for divergence and the opportunity for a PW and FG Trade.
A trendline break or a 123 Trade opportunity may arise. Wave 4 was Technically confirmed when the Awesome Oscillator crossed the zero line. But the norm is price retraces back to the Tunnel and a little beyond before proceeding with Wave 5. But doesnt mean it will. If it does then a Break Out 4 trade may present itself. Which will be a short for the completion of Wave 5. If price decides to complete wave 5 here. Then Look for divergence and the opportunity for a PW and FG Trade.
