Oil rushed down and I closed my short. What was the purpose? Count five waves from the end of wave b (graph on the left) and close the short.
Wave 2 or b may continue. For example (the graph on the left) it can be a larger zigzag, in the wave of which the third wave ends.
Well, or even wave 2 or b can go double zigzag (why not?).
But when you trade corrections (not trends), it is important to follow the original plan, and it is now executed, so I left the trade.
Waiting for the next COT report
Wave 2 or b may continue. For example (the graph on the left) it can be a larger zigzag, in the wave of which the third wave ends.
Well, or even wave 2 or b can go double zigzag (why not?).
But when you trade corrections (not trends), it is important to follow the original plan, and it is now executed, so I left the trade.
Waiting for the next COT report
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.