UPDATE: A low in place Short

U.S. Dollar/South African RandFXCM

Description

⋅ Sep 10, 2014 9:05 PM

Three months ago a posted this idea tradingview.com/v/bGbnzV8O/
that suggested a low was just around the corner.

This turned out to be right.
We are now in the process of completing wave X in a complex correction
or wave (A) in a flat.

This market should trade a bit higher into the 11.10-25 area
before dropping.
A break above 11.55 (wave C=A*1.618) would invalided this idea.

Follow all my demo trades at myfxbook.com/members/tlkemmy/demo/854232

Disclaimer: traderwgun.com/?page_id=26

Twitter: twitter.com/atliveanner
Tradingview: tradingview.com/u/traderWgun/
Mail: traderwgun1@gmail.com

Good luck!