Short

4H Short locations or Long TP - EW(BEAR)

Updated

Here are locations for shorting or taking profit on a long positions

This is my current Elliot Wave scenario for Bears...

SCENARIO: 1 / 2

please see the next idee for SCENARIO: 2 / 2

Note

Please find my new idea ill post in 5 minutes for the subwave count of the red C wave

Note

We have potentially found the Top of Cwave (red)

Im still expecting the price to reach the 161 extension for the C wave

if the price goes pasted the 161% then the ABC will be invalidated

Note

Also if this is the top then the larger wave 2 would of retraced 0.38 which is a good level but for waves 2's i usually expect it too be between the 0.38 and 0.5 that lines up will the 161% for the C wave.

Note

As soon as this C wave is finished we will be starting a larger C to the downside

Trade closed: target reached

THIS IDEA WORKED OUT WELL

derderwest

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