Short term bullish to fulfill mechanical entry short at X. X is the 25% fib projection/ green line.
Note
Please note, this is not an elliott wave count. No wave counts here, only the facts.Note
Stop will be above purple C, on the short from 682.75. Target is 285 and then possibly 217 if 285 is broken impulsively. roughly 1:3 risk:rewardNote
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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.