FROM WAVE THEORY WE EXPECT PRICE TO CORRECT DOWN UTIL IT REACHES WAVE (II) OF THE SUB WAVE.
PRESENTLY A SYMMETRICAL TRIANGLE IS ALSO IN FORMATION WAIT FOR A BREAKOUT FROM THE TRIANGLE BEFORE GOING SHORT OR LONG.
ITS A CORRECTION STRUCTURE THAT IS IN FORMATION AND ITS GOING TO BE COMPLEX SO DONT BE SURPRISED IF PRICE REVERSES UP TO FORM A FLAT CORRECTION.
IF PRICE ENDS UP BREAKING THE LOWER BOUNDARY OF THE TRIANGLE I WILL ADVICE TO YOUS A TRAILING STOP AND THE FIBONACCI RATIOS AS PROFIT TARGET....NOTE OUR MAX TARGET IS 1.618
PRESENTLY A SYMMETRICAL TRIANGLE IS ALSO IN FORMATION WAIT FOR A BREAKOUT FROM THE TRIANGLE BEFORE GOING SHORT OR LONG.
ITS A CORRECTION STRUCTURE THAT IS IN FORMATION AND ITS GOING TO BE COMPLEX SO DONT BE SURPRISED IF PRICE REVERSES UP TO FORM A FLAT CORRECTION.
IF PRICE ENDS UP BREAKING THE LOWER BOUNDARY OF THE TRIANGLE I WILL ADVICE TO YOUS A TRAILING STOP AND THE FIBONACCI RATIOS AS PROFIT TARGET....NOTE OUR MAX TARGET IS 1.618