wsbza

Waiting for short opportunity

Short
wsbza Updated   
FX:JPN225   Nikkei 225 Index
6
minimum structural target is an ABC correction after 5 waves, maybe some chances to trade for the C wave down
waiting for price break the uptrend channel first

note: the weekly picture may present a Hugh downside potential
Comment:
the pattern looks corrective so far
Comment:
price is attempting to break the corrective structure, short with a very tight stop

Comment:
price is moving down quickly, switched my stop to break even, risk free trade for now

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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