Looking for a reversal pattern in the confluence area and a close below the wave to short. Although long term project is 1800. We have a an intermediate projection
in the 1100 area. The first target will be (a) of the minuette wave degree
Currently trading the in reversal zone. Looking for a reversal pattern to trigger short.
Could trade through this reversal zone. If it does we will looking at the .786 fib area for a reversal pattern.