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Wait for the break as you would be shorting into a potential rocket ship
without it
without it
FullTimeTrader
Agree, my prefered count is a leading diagonal, right now im already short and then i will be looking to buy at the 0.50 fib retracement of the leading diagonal. This is a good chance to catch the short move.
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PriceActionTrading
FullTimeTrader
Agree. a break below that level will lead a mass sell off. See W1 and you will know what im talking about.
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