We created a first higher high and higher lows after a strong downtrend. Elliot wave is forming and we are now waiting for the retracement (leg 4) to be formed to get into a buy.
TP? Take the equally weighted move from leg 1 and use it as a guide to set your TP on 80% of it for leg 5.
TP? Take the equally weighted move from leg 1 and use it as a guide to set your TP on 80% of it for leg 5.