I do not like the region where the waves consolidated, it could mean there is more waves to unwind and a bigger move up
hence i will hold a portion of the longs earlier while taking profit for the rest around the 50 to 62%
If am wrong, price will continue the fall and i will reload shorts, but if waves do extend further up, i do not miss out anything
Sometimes it is difficult....lol
But rule one to ten is safety first
hence i will hold a portion of the longs earlier while taking profit for the rest around the 50 to 62%
If am wrong, price will continue the fall and i will reload shorts, but if waves do extend further up, i do not miss out anything
Sometimes it is difficult....lol
But rule one to ten is safety first
