Potential Short
Updated
Since our previous analysis was hit with a breakeven (not loss because no body closed above our zone, and I've warned that when price drop don't forget to set a stoploss since I said that previous trade was fall under high risk category) this might be a new re-entry for sell to complete wave C in corrective wave before rally to complete 3rd wave. TAYOR
Note
Ignore this setup IF new Higher High is created, or Price has reached to 1st TP zone without testing our Entry zoneTrade closed: stop reached
Unfortunately it hit our stoploss. It's okay, we'll get en next time. Happy Holiday!!
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.