In a previous post we mentioned about a key zone we should keep an eye for a sell signal. We can now see that price has formed a bearish gartley which i believe will be the reason for a big sell off.
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The pattern has worked great till now pushing price to the support level of the correction. I believe price will breakout and price collapse. The best option for those who are in this trade is to place stoploss to breakeven and wait for that breakout.
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Breakout has happened. We have to wait for a correction and then sell the market.