I don't really trade this pair. Not one of my fav's but did it for a friend.
Its an ugly wave, but it would be a waste not to post it up.
We are looking at a 4 going to a 5 on the Daily.
Im not going to trade it but... feel free to look up it as price action walks us home.
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I have gotten in on this trade... As of now... hmm... It looks like the 4 has more room to go up and is going to see how high it can climb before coming down.
From what I see it has a lot of room to soar; the ceiling (Base of wave 1) is high.
Soooo if I were to calculate for that, what would it look like???