- Entry: channel resistance + .382 ret of bear swing. Coincides with a valid ABC count.
Expect one more leg down.
Targets are.618 .786 fib ext.
Expect one more leg down.
Targets are.618 .786 fib ext.
Trade active
15/5 mins is my working time frame for finding entries. I have entered the short.
SL is clear break above critical level.
Note
channel in channel
Trade closed manually
took profit, waiting for market to give further direction.Trade active
I am short again at $17
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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.