In this extension of the original UJ Sell idea with Targets below, we back out to a weekly and look at a possible Running Flat (for Wave Traders) - we go over symmetry in the markets and aggressive corrections on weekly. Doc will show analysis for confluence and how we have targets still lower. Maybe don't 'buy the bottom yet'!! Finally a good example of lower timeframe trendline failure and how to avoid 'getting COOKED' Your trend is heading into a higher TF "BLOCKER" - its like a small car driving up to and then sitting on a train track.. you will get CRUSHED. Like and Boost this idea if you get anything from it and want me to do more of these!
Happy Trading -- Doc
Note
note 3 targets above as short term objectives as mentioned are likely EVEN if we are still heading lower, remember never go in a straight line ;)
Note
short term - targets noted here may discuss bigger picture in higher TF w new vid idea tomorrow am.. trade w care -- Doc
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