Several factors pointing to a potential turning point:
- Fresh Supply level from 12/8/17
- High volume node resistance
- Elliott Wave 5th wave completion
- Harmonic Crab pattern
- Trend line support turned resistance retest (from 9/8/17)
- doji/indecision candlesticks
With the above 6 factors I consider this a high probability trade setup for the short side
- Fresh Supply level from 12/8/17
- High volume node resistance
- Elliott Wave 5th wave completion
- Harmonic Crab pattern
- Trend line support turned resistance retest (from 9/8/17)
- doji/indecision candlesticks
With the above 6 factors I consider this a high probability trade setup for the short side
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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.
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.