Tony Beckwith
05-10-2005, 10:42 AM
The chart says it all - an ABC correction down against an uptrend; stopping in the Minimum Wave C price zone; blue buy bar; Risk/reward at least 2x at the 1st profit target (Min Wave 5).
In addition, the 20 bar EMA on the 60min. MMM chart was UP at the time...
+7x risk/reward at the top profit target for the day.
GREAT TRADE.
Tony.
In addition, the 20 bar EMA on the 60min. MMM chart was UP at the time...
+7x risk/reward at the top profit target for the day.
GREAT TRADE.
Tony.