DOUBLE TOP SHORT REVERSAL PATTERN Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Jun 27, 2016 4:45 AM

1. THE SO CALLED FIRST ROUND IS OVER.

2. MORE SELLER MAY JOIN THE MARKET TODAY

3. WAITING FOR THE 38.2% OR 61.8% PULLBACK TO SELL.

4. NICE STRUCTURE FOUND IN THE 5-MIN(38.2% OF AB) AND 15-MIN(61.8% OF AB)

5. CONFIRMATION ENTRY(CANDLE PATTERNS OR PIN BAR TO CONFIRM ENTRY)

Comment

⋅ Jun 28, 2016 4:53 AM

CLOSE TO ENTRY POINT BUT NOT EXACTLY GET THERE.

dailyincome

Comments

OTC_Shark

⋅ Jun 27, 2016 4:49 AM

One of the most reasonable predictions and chart analysis. People make it too complicated and think being a contrarian short is dumb right now, but reality is, we're about to enter a big bear market. Bulls wil be the contrarians in near future. SHort SP at better entry

Johnny_Yu

⋅ Jun 27, 2016 4:55 AM

Thank you for your comments. It never occurs to me that I would get such a positive comments within just 2 minutes. Actually, I missed the selling opportunity around 2068 last Friday night after coming back from washing my hands.

Hopefully, we can find some chances today and make some money! Thank you for your support again and have a nice day!