less a trade idea & more a short-term prediction to help my learning as i read Elliot Wave Principle
short because going lower
short short short
simple play
technicals too strong dolla too strong
i think monthly support will hold
MAYBE IT WILL GO DOWN. IDK.
downward trend / fib retrace /
just going with fib retracements and trend following
Waiting for a successful .5 fib/support area break Waiting for open higher than all EMAs Monthly/Weekly uptrend
s/r levels, following downward trend. gonna try to catch the retrace of .5% and ride the wave down.
just straight fibo retracement, following downward channel with aid of s/r levels. i think the ma's will provide confluence with the resistance level. gonna try to catch the bounce off .5%
rebound off monthly support, target fibo levels. might retest .5% fibo/MA's before bouncing off .70678 support level.
