Huge Short Opportunity on US500
As per FIBO Retracement, this drown scenario is the most probable to happen.
So we can catch 02 short entry
1. From the actual price 4525 targeting 4364
2. From any up retracement (correction) and the most probable will be at 4496 - 4499 and 4535 in extension >> targeting 4220
in sum, we can collect gains estimated about :
1) 60 pips from the first short entry
2) +280 from the 2nd short entry.
As per FIBO Retracement, this drown scenario is the most probable to happen.
So we can catch 02 short entry
1. From the actual price 4525 targeting 4364
2. From any up retracement (correction) and the most probable will be at 4496 - 4499 and 4535 in extension >> targeting 4220
in sum, we can collect gains estimated about :
1) 60 pips from the first short entry
2) +280 from the 2nd short entry.
Trade closed: target reached