Between $ 12.62 (61.8% correction) and $ 10.05 (76.4% correction), the wave equality of wave A = wave C is $ 11.12. At this level we have a nice long low risk setup. We can take a 25% ($ 2.78) loss on getting in there with 1% of assets, but have the potential to reach $ 51.88 and make a profit of $ 40.76! That's a fantastic chance-to-risk ratio of 14.66 to 1!
Looks like a must-trade.
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$ 11,12 reached. Ideal Entry-Zone I wrote on Feb. 26.