AB=CD @ Primary or Bat Pattern @ Secondary Resistance Short ???
1st short set up is the ab=cd that is not particularly valid with only
a .558 ratio of B to C - then - the measured move @ .7240
3rd set up is the Bat around .7270 that is also the 1.618 fib ext of A to B.
This offers the best possibility for a market reaction and the lowest risk
with stops just above X. Elliottwave also offers the look of a 3 wave
zig zag. With 3 opportunities to short I'm really hoping
the candlesticks will offer the bright light of an enticing trigger and
smart stops.
a .558 ratio of B to C - then - the measured move @ .7240
3rd set up is the Bat around .7270 that is also the 1.618 fib ext of A to B.
This offers the best possibility for a market reaction and the lowest risk
with stops just above X. Elliottwave also offers the look of a 3 wave
zig zag. With 3 opportunities to short I'm really hoping
the candlesticks will offer the bright light of an enticing trigger and
smart stops.