It seems that wave 4 is ending. If it so, short positions are necessary. Wait for confirmations. If anyone agree, he can follow our trading idea. We will appreciate it.
Note
Daily close must be under 50.36, according to our counting. In other case, we will recalculate it.
Note
Trade active
Trade active
Trade active
Trade active
Trade active
We expect confirmation for absd pattern.
Note
abcde pattern. Sorry for typing
Note
abcde pattern never confirmed. Instead it is possible to have a double zig zag as wave (b). We also have a second try to breakup the down trend line. This is a crucial day for our structure....
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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.