same idea having analysed this is a larger fractal of wave 1 of which wave 3 actually just went over 78% meaning from1910-1927 area is possible and good shorting areas. Minimum target would be break point at 1818 crowd mentality short term can push as low invalidation level 1790. At these levels a buy is a good risk reward for targets of at least 1960 2010 more likely again fractal of wave 5 of wave 1 was 78% of wave 1 third wave. At the high levels we then can consider shorts for lower bear targets of 1560 area.
Trade geschlossen: Ziel wurde erreicht:
closed hit target but no pullback whatsoever lol