Is it time for a new shot wave?
I'm not sure because the subwave is not completed but this is "strange" periodo .. so I have in my mind a simple strategy.
Open short now and manage it. Is possible a short for wave 4 and after a final 5 UP .. or directly down for major short wave.
I'm not sure because the subwave is not completed but this is "strange" periodo .. so I have in my mind a simple strategy.
Open short now and manage it. Is possible a short for wave 4 and after a final 5 UP .. or directly down for major short wave.
Note
the break of support area can give fuels to short action.. in any case a pull back can will beNote
Note
pull back on going..as usually in my strategy partial close and new repositioning
Note
new start of short waveTrade active
daily close near to SL... will be hit or is it time to go down?Note
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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.