Dow Jones : Long up to 25 300 ? (Elliott's Waves)
After today's situation, I came to the conclusion that we are in a 5th wave that can lead up to 25 300, AS LONG AS IT DOESN'T GET TRUNCATED
25 300 would match a 0.618 retracement of the big drop to 18 200
If we reach 25 300 and then move back down, it might mean that we would start the 3rd wave (3 out of 5) which would go lower than the first wave (at 18 200).
I might go long if we break the 3rd wave high, and then if we hit target of 25 300, all SHORT !
25 300 would match a 0.618 retracement of the big drop to 18 200
If we reach 25 300 and then move back down, it might mean that we would start the 3rd wave (3 out of 5) which would go lower than the first wave (at 18 200).
I might go long if we break the 3rd wave high, and then if we hit target of 25 300, all SHORT !
Trade closed manually:
I closed my long at 24520 and waiting for Wall Street to open
Nice profit on the Huge candle that just popped up, but not it s time to be very cautious
Out of the market until I can find some clarity to know if we are going to start to retrace or if there is stil more room to go to 25300
Nice profit on the Huge candle that just popped up, but not it s time to be very cautious
Out of the market until I can find some clarity to know if we are going to start to retrace or if there is stil more room to go to 25300