UJ steel short before big Rally
1st. As you can see, there is a Down side channel that is steel intact.
2nd. There is a Gartleys Pattern.
Last down side fractal was retraced 50% for the last up side move, at the same time last up side move extended 1.618% TARGET = 107.00 around.
3rd. We are in te las wave C of Z of B in Elliot Waves of the irregular retracement TARGET = 107.00 around.
4rd. BIG long term support on July 26th,2016 at 106.85/106.90
The Fall could start at 109.70/75
GOOD TRADES FOR EVERY ONE!!
2nd. There is a Gartleys Pattern.
Last down side fractal was retraced 50% for the last up side move, at the same time last up side move extended 1.618% TARGET = 107.00 around.
3rd. We are in te las wave C of Z of B in Elliot Waves of the irregular retracement TARGET = 107.00 around.
4rd. BIG long term support on July 26th,2016 at 106.85/106.90
The Fall could start at 109.70/75
GOOD TRADES FOR EVERY ONE!!
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.