LINK, Sometime simplest analysis works the best !

Mis à jour
Making complicated analysis does not make anyone a genius ! Sometime simplest analysis works the best !

This type of publications is not my ideal and usual one but everybody knows that following the trend is the base stone of every trade !
If we can not detect the direction of the market correctly we have no way but embracing painful losses !.

LINK, when we look at weekly time frame, has clearly broken up trend support line, made a pull back and resumed it's down side move.

I am not going to reveal my down side target for Link in this publication since this idea is not about relation of waves and target analysis. It is just to remind that " Trend is our best friend " in the market.

Good luck everyone.

Note
Just look at the red arrow and current price !!
We made a nice prediction!
Beyond Technical AnalysisBullish Trend LinedowntrendLINKSupport and ResistanceTrend Lines

Aussi sur:

Clause de non-responsabilité