Trading_Off_The_Charts

Bear Flag in A Downtrend? Monitoring for Short entry near supply

Short
FX:SPX500   S&P 500 Index
Many are expecting All Times to continue as BTFD has become the norm. Will be monitoring and stalking C wave as it approaches the Supply Zone
Comment:
Irony $38.28 price, was a huge sign (see signals written in code) interesting vxx chart
Comment:
officially unleashing shorts upon the world
Comment:
@forexforever we are already at the 5th wave on the Monthly
Comment:
Comment:
we are on 4th wave now on the 4hr and we didn't close above the key area I mentioned
Comment:
not looking good on this turn around Tuesday
Trade closed manually:
short positions were closed Friday looking for a retest of the .236 level or B leg of the bullish cypher, currently in downtrend. max risk back to the .618% fib level for the 100% initial risk

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