As I updated in my last posting, it completed alt bat harmonic pattern,
it bounced from exactly $6,260 which is 3.618 fib lv
I also told you in the yesterday posting, we are now in ABC correction,
and I consider $6,260 was the end of wave (A) - now it is forming engulfing candle :D
Therefore, It should go up for the retrace which is end of wave (B)
and, going down to around $5,900~$5,800 - end of WAVE C
If you don`t understand what I am saying, plz check my yesterday posting:D
It is SOOOOOOOOOOOOOOO natural that open short order in the wave (B)
(sadly, i missed my long order at $6,264, cuz I was posting to my KR fan to open long at the end of 3.618fib T_T )
Than where will be end of wave (B)?
I would recommend you to put some short order at $6,550~$6,620
all pattern, fib, res/sup lv, ema indicate that price level
it bounced from exactly $6,260 which is 3.618 fib lv
I also told you in the yesterday posting, we are now in ABC correction,
and I consider $6,260 was the end of wave (A) - now it is forming engulfing candle :D
Therefore, It should go up for the retrace which is end of wave (B)
and, going down to around $5,900~$5,800 - end of WAVE C
If you don`t understand what I am saying, plz check my yesterday posting:D
It is SOOOOOOOOOOOOOOO natural that open short order in the wave (B)
(sadly, i missed my long order at $6,264, cuz I was posting to my KR fan to open long at the end of 3.618fib T_T )
Than where will be end of wave (B)?
I would recommend you to put some short order at $6,550~$6,620
all pattern, fib, res/sup lv, ema indicate that price level
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.