X to A is down in an obvious 5 waves and the corrective/overlapping price action since would
indicate an attractive opportunity to short.
The shorter than .618 a to b leg has increased the risk beyond my comfort zone.
Even though the total reward is almost 3 to 1.
(I've just never been easy with more than 30/50 pips risk: logical as I try to be)
Yet, the ab=cd and A = C harmonics/symmetry sure look enticing !
Perhaps the candlesticks will guide my entry/stops or place an s/l just
above the ,886 retracement with an eye to re entry closer to X ?
Good Luck to All and to All a Good Night !!!!
(well it is almost xmas)
indicate an attractive opportunity to short.
The shorter than .618 a to b leg has increased the risk beyond my comfort zone.
Even though the total reward is almost 3 to 1.
(I've just never been easy with more than 30/50 pips risk: logical as I try to be)
Yet, the ab=cd and A = C harmonics/symmetry sure look enticing !
Perhaps the candlesticks will guide my entry/stops or place an s/l just
above the ,886 retracement with an eye to re entry closer to X ?
Good Luck to All and to All a Good Night !!!!
(well it is almost xmas)