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Andre_Cardoso
Jul 10, 2016 1:40 PM

(4h) The Structure, The printed Shark and the eventual one Short

S&P 500 index of US listed sharesFXCM

Description

FX:SPX500

Entering overbought, looking left we can see huge period of 4days testing the rsi @ 80 before it print us a decent correction. So, this is the one of the worst scenario that we can have here, the other one, is a rally ignoring all the thought and also previous high and eventually all time highs :)...

The good news, a completed Bearish Shark at 161% extension, and an eventual point C for another Shark, this time a bullish one, that completes @2035$

The Head&Shoulder is very hard to predict unless when it gets completed, or almost, but just in case...




Safe Trades;

Comment

161% - 1h Divergence & Structure

Comment

Still printing Divergence
Comments
BLUE43
VIVA PORTUGAL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
andberg
Thank you for nice educational chart
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