It this scenario there is a well established pattern (SO FAR) that you can easily see on the chart.
elliot wave
1,2 wave clearly seen
3,4 wave showing what can so far be a nice abcde triangle wave
5 wave could be incoming.
1,2,3,4,5 impulse forming potential 5th wave.
td sequential
C and E of wave 4 both hit TD9's on the 1hr
moving average show bearish cross of ma50 over ma100
elliot wave
1,2 wave clearly seen
3,4 wave showing what can so far be a nice abcde triangle wave
5 wave could be incoming.
1,2,3,4,5 impulse forming potential 5th wave.
td sequential
C and E of wave 4 both hit TD9's on the 1hr
moving average show bearish cross of ma50 over ma100
Trade closed: target reached:
Target of this trade was reached. 8900
stopped closed. Yes, I did hold my short this
entire time. You can do that when you are using
low leverage.
stopped closed. Yes, I did hold my short this
entire time. You can do that when you are using
low leverage.