Simple break of Counter Trend Line with target at D leg completion (127% extension of AB).
I'll be looking to hold my position until the 127% extension and completion as market on the chart. At that point i'll be looking to enter a short to fade down to the 38.2% and 61.8% retracement levels.
I'll be looking to hold my position until the 127% extension and completion as market on the chart. At that point i'll be looking to enter a short to fade down to the 38.2% and 61.8% retracement levels.
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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.