1-5 Impulse wave just completed, Looks like an ABC correction wave in progress we have just hit the B peak and it looks like we are now heading down to complete the correction pattern. There is also a head and shoulders pattern at the top of the B wave peak with the neckline nearly breaking down.
Enter Short trade on break of neckline.
If this wave down moves as expected this looks like it will form a larger head and shoulders pattern with the neckline at around 4200.
Short target around $3800.00.
Enter Short trade on break of neckline.
If this wave down moves as expected this looks like it will form a larger head and shoulders pattern with the neckline at around 4200.
Short target around $3800.00.
註釋
取消訂單
Neckline not broken.. headed to the moon.
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