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wsbza
11 oct. 2016 23:05

Bearish potential  Short

S&P/ASX index of Australian listed sharesFXCM

Description

could be a 12-12 sequence or simply a 5-wave decline followed by sharp rally, although wave 2 seems bit oversized if comparing with wave 4

MACD & RSI were unable made new highs when price pushed for few higher highs
will short if price penetrate below the 5440 supportive zone

Commentaire

15 mins trend seems promising so far

Commentaire

either pink or green labeling

Commentaire

bearish potential still valid

Commentaire

looks like another smaller degree 3rd wave is underway

Commentaire

i guess it's under wave iii of (iii) now

Commentaire

alternative count be wave i of (iii) in the making
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