TradingView
wsbza
12 juil. 2017 23:47

Another c wave rally is possible 

S&P/ASX index of Australian listed sharesFXCM

Description

I still want to trade for the downside, but the corrective pattern seems unfinished and I could not find a good place to position a short trade.

Commentaire

not quite sure about this corrective structure, but a break below 5627 should signal further bearish potential

Commentaire

Commentaire

another count in red

Commentaire

looks like complex (b) wave is done

Commentaire

Sell?

Commentaire

will this to be unfold as corrective patterns?

Commentaire

expanded flat?

Commentaire

looks like the ugly correction may have ended, but still need to see price drop below 5627 first

Commentaire

maybe like this

Commentaire

wave 5 of (c) is still going, any touch above the previous high of 5964 would deny my interpretation

Commentaire

ready for sell ?

Commentaire

a decisive break below 5858 would favor my bearish count
Plus