looking to short, stop above highs from today - to retest 1.618% fib level. if market dives today and closes around that area will be a big sell signal. may just sit on my hands, it could just bounce off the TL and continue up!
Dow Sell position active. Target down to 24k area where we see I have been playing harmonic setups, Dow short sell downto 24k would be nice for a stop and reverse last one worked well as it approaches a double 76.8% support area. Current trade I have a hard stop above 27150 incase some spike before heading my work... R.R makes sense for allowing for such r.r (for...
Looks ok to me. I'm in short from this morn
Recent bearish gartley completed. would love to see a test of 26500 area eventually breaking lower towards the upsloping TL. strong close above 27000 on the daily changes things for me. but r/r is there for SELL. and I have a tight stop above 27000 (little looser than normal incase we see a stop hunt)
This market presented an opportunity for me as it looked to be forming a bottoming pattern on the 4h (?). So I've got a small long position on. The harmonic is for reference, who knows if if'll get anywhere close or even past 1.818000 lol but this is very low risk/reward!
So I trigger in long on market open I manage to get 3/4 my position around 1807. Already in nice profit. I have revise my target as the 1.618% fib @ 1858 area. Makes sense to me looking at the bounce from the below 141.4% fib. Stops at 1805 just incase market changes its mind!!
Wanted to enter this trade earlier at bearish gartley completion but was busy working on other markets. I'm looking for a a short position with stop above 27000. targetting the up sloping trend line, hold for lower if it breaks.