This is my view of what is going to happen in the following days based on wave analysis. I am looking for another impulse up after the correction is over. Perhaps there is some news event that will flare up the things in the coming days.
I am not looking to trade the correction, because it's a tricky business, but an impulse, that is an other story.
Remember: you should not take this trade (short or long) unless you have a well tested strategy for entering and managing it (especially the short one, the correction). Otherwise you will end up loosing money and blaming everybody (but yourself) of giving you a bad entry idea.
I am not looking to trade the correction, because it's a tricky business, but an impulse, that is an other story.
Remember: you should not take this trade (short or long) unless you have a well tested strategy for entering and managing it (especially the short one, the correction). Otherwise you will end up loosing money and blaming everybody (but yourself) of giving you a bad entry idea.
Note
WOW, the downmove worked like a swiss watch :) we can look now for a buy 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.