The corrective structure may be over so I'm looking for a lower degree correction of this first down impulse to prove the beginning of DOWN TREND . Please let me know if you agree or disagree with this analysis and share your analysis ,thanks.
Comments
taniab
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is this just a correction up?
Lindsay
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Happy little camper this morning to wake up and see your prediction encouraged me to live through my upside down trade long enough for it to come down to BE+1. Thank you so much for your encouragement Anil and to point out other ways to look at things. Your two live daily webinars and live trading room that is available 24/5 has enabled me to grow as a trader, significantly.
Lindsay
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Thanks Anil. A lot has happened since this 480 min chart post. I have Banked one position already and will let my first position run down with your blue arrow.
MarkLangley
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the corrective rally could be in trouble
CherieF
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I agree and I'm anticipating this trade.
Lindsay
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Will we wait for another abc formation and then trade the third wave?
anilmangal
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yes we will wait for that correction on a lower degree ,before we sell
IvanLabrie
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That's the way to do it...I'll try to catch a retracement and join you in on the fun Anil.
Maybe the Nikkei's ending diagonal pays off and boosts this trade.
anilmangal
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YES , you need to join our group Ivan :)
IvanLabrie
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Thanks, but too busy for a group.
I'll watch from the sidelines and chime in if I find something relevant.
Keep up the great work ;)