UC Short term sell to finish correction, then great buy set up!!

6 באפר׳ 2018

UC is in the last leg of its ABC correction. Then it will run up to break through prior high of 5, and begin its next 5-3 wave cycle. This will be a great time to enter, so watch! You can play the short term sell, but the real money will be in the buy set up at (C)!!

6 באפר׳ 2018

הערה

Also, the bottom of (C) might already have been hit, so personally, I wouldn't play it short here. I will be only watching for the impulse up!

7 באפר׳ 2018

הפקודה בוטלה

Upon closer analysis on the daily, this final wave 3 completed the final leg of a 3-3-5 correction. The trend is downtrending.. I don't think this will retest C before dropping down. In fact, think this downtrend wave is the beginning of an impulse wave, and we could very likely be in the middle of a wave 3! I think this is a safe sell entry!