I want to talk about this so let me catch up on the posts and I'll come back to it because this is a trade that we may have to bail on depending on how high the first bounce goes. There's some key levels we need to break or we may be heading lower. However the reason I took a position here is even if we do continue lower the bounce should still take us higher than where we're at now for an exit. I WILL BE CLEAR on what needs to happen here since the 4th wave triangle is now invalidated it makes the chart much easier to navigate.
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