DOW / Multi-Timeframe : Short cluster to target 23% retracement
Updated
Combined Elliott count and cycle analysis with PRO Sinewave, both tend to confirm the throw over excess above the ending diagonal and a nice price reaction around the fibo target cluster.
I shorted the fibo cluster and now waiting for any reversal or sell signal on Sinewave to lower my stops and go fully leveraged to the downside. Regarding the all time lows recently on VIX... it seems to me that if we drop, this can be very fast and that's why I'm in with an anticipated entry on the fibo cluster composed by the theoric targets of all the subcounts.
Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
I shorted the fibo cluster and now waiting for any reversal or sell signal on Sinewave to lower my stops and go fully leveraged to the downside. Regarding the all time lows recently on VIX... it seems to me that if we drop, this can be very fast and that's why I'm in with an anticipated entry on the fibo cluster composed by the theoric targets of all the subcounts.
Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
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To learn more about the PRO Strategy and request a trial for the indicators:
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
Website : pro-indicators.com
Discord : discord.gg/Agdf5rt
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