A cleaned up version of this larger ABC corrective wave that could be coming in here.
This is one of my favorite patterns (once it completes) and its extremely reliable and consistent in all trending markets as a standard correction before a push into new highs
If this idea is true (and we haven't completed the correction already) we would be in the 3rd and typically most energetic was to come in over the next few weeks.
In a perfect world i work the shorts all the way down and buy and hold for a long term position, while managing other trades on a day-day basis
This is one of my favorite patterns (once it completes) and its extremely reliable and consistent in all trending markets as a standard correction before a push into new highs
If this idea is true (and we haven't completed the correction already) we would be in the 3rd and typically most energetic was to come in over the next few weeks.
In a perfect world i work the shorts all the way down and buy and hold for a long term position, while managing other trades on a day-day basis
Comment:
Comment:
zooming in fractal by fractal