KEEP SHORT, BEARISH IMPULSE IN PROGRESS TO BREAK THE LAST WEEK'S
Continuing from last Friday, it seems to be a good day today to sell because I think that we've been on the bearish waves 🏄🏼♀️
As long as the yesterday high can't be broken, keep short. Strong bearish waves expected.
STOP:1.3949(yesterday's high)
If it's broken, I'd have to reconsider the countings.
TARGET: last week's low or more.
The yesterday's high can be thought the beginning of the bearish impulse, whatscalled B or 2 according to Elliott wave principle.
Thus, the strong bearish would last.
The price wanna reach the support channel(red), seems like.
If the price pulls back to the support line(line), it's not a bad idea to put an additional short position.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME! THANK YOU 🎉
As long as the yesterday high can't be broken, keep short. Strong bearish waves expected.
STOP:1.3949(yesterday's high)
If it's broken, I'd have to reconsider the countings.
TARGET: last week's low or more.
The yesterday's high can be thought the beginning of the bearish impulse, whatscalled B or 2 according to Elliott wave principle.
Thus, the strong bearish would last.
The price wanna reach the support channel(red), seems like.
If the price pulls back to the support line(line), it's not a bad idea to put an additional short position.
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME! THANK YOU 🎉
Commentaire:
1.3895 is the best spot to sell, which is Fib 61.8 between this week's high(Daily2) and this week's low(prob Daily 3).
We are on the strong 3rd wave, forming pink 12345.
So far, my counting is correct🏄🏼♀️