I've been in the long on the previous leg completion and now Its time to go short again for the final leg completion of this pattern. I've based the levels on fib extension and retracement at 382 and 236 levels. Based on the RSI and MACD being over-bought I believe this would go on the bearish side until completion of `D`. As always this is just an idea and my opinion and I`m on a sell position trade (live) since NY open.
Whats your opinion? Any suggestions or corrections will help.
Whats your opinion? Any suggestions or corrections will help.
Trade closed manually
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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.