I have a feeling this is heading for the 5th wave of an elliot wave cycle?
Bearish harmonic use with other analysis for potential short trade.
Bullish ABCD pattern has emerged with the long term trend being bullish possible LONG??
Will take a LONG position when there is a green reversal pattern.
Bearish Three drives pattern with long term trend. Will be placing short adjusting stops at each level of fib ladder.
I will be short selling SIVB adjusting stocks at different levels of fib ladder.
I will short sell FDX. Adjusting stops at each point on fib ladder. Initial stop 0.
I will be short selling DLTR. Adjusting stops at different levels on fib level. Initial stop at 0 on fib ladder.
I will be shorting this stock adjusting stop losses at different Fibonacci levels as indicated by the arrows. Initial stop will be at 1 on Fib ladder.