A pullback higher is coming as we are in the last moments of a bearish impulsive wave.
Look towards ~ 64 - 70 zone.
Short it once it's in place.
-or-
Try catching the bottom in the next few days.
Look towards ~ 64 - 70 zone.
Short it once it's in place.
-or-
Try catching the bottom in the next few days.
Trade active
Entry @ 50.78Stop @ 49.77 at first but moved to break-even now
Note
*Made new entry @ 52.30Stop at 51.90
** Closed all positions at 52.65 with small profits.
*New position opend at the 78.6 retracement of the diagonal, Stop at last low.
Note
Stop to break-even.Should have taken some profits 53.30...
Trade closed: stop reached
Nothing won but also nothing lost !Note
I will post my ideas here for easier access t.me/em16public
Note
Price did not go in a zig zag manner but rather in a triangle pattern it seems.Meaning we will see price go one more time lower before seeing any relief to the upside.
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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.