If this chart pattern plays out we are looking at a huge downside acceleration.
EW count is on the precipice of a third of a third of a third wave lower.
Also classic H+S top with neckline break needed for confirmation (target 83 area).
Short 110.50, stop 115.50, target sub 85 level coming weeks/months. 5/1 return/risk.
EW count is on the precipice of a third of a third of a third wave lower.
Also classic H+S top with neckline break needed for confirmation (target 83 area).
Short 110.50, stop 115.50, target sub 85 level coming weeks/months. 5/1 return/risk.
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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.