With the last two retracements to the 0.618 and a perfect touch of the 0.272, we currently have an ideal setup for a potential three drives pattern.
If it hits the final 0.272, it will coincide with
ES1! reaching new all-time highs before reversing for a possible 150-point drop.
Let's see how it evolves.
If it hits the final 0.272, it will coincide with
ES1! reaching new all-time highs before reversing for a possible 150-point drop.Let's see how it evolves.
Order cancelled
This trade was invalidated as the price broker the previous two 0.618 and therefore 3 drives pattern not in play any longer.
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.
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.