See lower timeframe setup... still needs a small rally to enter position short
Trade closed: target reached
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Winner - Pin point perfect
Comments
dionvuletich
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Don't know if I can add any more to this, the perfect place to sell was 2.2378, however am trying to sell fairly close to that level on a rally...
AB=CD pattern with nice fib symmetry (38% retrace, 2.618 extension, equal length moves)
Monthly supply level in yellow...
Fibonacci retracement cluster level 50% of overall drop + 61.8% from Oct 2008 high
AB=CD pattern with nice fib symmetry (38% retrace, 2.618 extension, equal length moves)
Monthly supply level in yellow...
Fibonacci retracement cluster level 50% of overall drop + 61.8% from Oct 2008 high