Hello fellow traders,
Its been intense period for trading. I have came with an interesting trading idea. The idea is that we already have a triangle - a structure before final move. And now 123 to the down side and a sharp 123 up. Unfortunately it is not 5 wave move to the down side - easy story. So at this point it still can be movement to the down side - Ending Diagonal or in other words Contracting Wedge. So - SELL SELL SELL SELL SELL.
Sincerely,
Trader.
Please comment.
Sincerely,
Trader.
Its been intense period for trading. I have came with an interesting trading idea. The idea is that we already have a triangle - a structure before final move. And now 123 to the down side and a sharp 123 up. Unfortunately it is not 5 wave move to the down side - easy story. So at this point it still can be movement to the down side - Ending Diagonal or in other words Contracting Wedge. So - SELL SELL SELL SELL SELL.
Sincerely,
Trader.
Please comment.
Sincerely,
Trader.
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