VladimirRibakov

Societe General Buy Idea

Short
MIL:GLE   SOCIETE GENERALE
H4 - Triple cycle completed with bearish divergence.

We may now expect double wave correction to the downside and the price to reach the zone of 38.2% - 50% fibo retrace level. Once the double wave correction completes in this zone, we can go long with the breakout of the most recent downtrend line.