FullTimeTrader
Short

SPX500-entering short now-wave 5 complete

FX:SPX500   S&P 500 index of US listed shares
1896 15 33
a year ago
It seems the correction has ended and a big decline is starting now.

We have:
- bearish divergence on A0 shows wave 5 is complete
- 1.61 fib expansion
- diamond pattern (see my long term analysis)

Best regards.

*****************DISCLAMER********************************************************************
Always do your own analysis before opening a trade.
Any respectful and constructive ideas are welcome (agree or disagree).
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a year ago
Trade closed: stop reached: Stop out. Will look for setups higher. No regrets!!!
Chief_Tardis
a year ago
nice, what is your price target?
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FullTimeTrader Chief_Tardis
a year ago
Targets shown on chart but it depends on each trader, its always a good idea taking partial profits. Markets changes all the times and nothing is fixed. regards.
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Great analysis in this one with you. Thanks learning a lot from you!!!!
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Piet.Hein
a year ago
Great job!
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That was the target
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That was a wave abs (wave2) from big wave 3.
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FullTimeTrader SwingBGtrade
a year ago
Hello, well done!! Im trying to trade this long term, i will enter higher. Regards.
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IvanLabrie TOP FullTimeTrader
a year ago
Same view overall, aiming to short this and dollar/yen higher.
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And your wave 5 is not finished
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FullTimeTrader SwingBGtrade
a year ago
Losing is part of the game as you already know for sure. I will for a setup higher. Regards.
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stopped out too. No regrets!!
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Tree1
a year ago
Short
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Tree1 Tree1
a year ago
what do you think?
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kemal.erdog
a year ago
even a broken clock shows the true time twice a day. in this case you will be right one day in the future if you publish short trade every week.
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