As far as I see we are in the middle of a smaller b wave within an abc pattern forming a bigger b wave ending around 96,01 (61,8% of the bigger a wave).
From there it might be a good idea to short again to at least 93,74 (27,2% ext. of the bigger a wave) or even down to 92,85 (61,8% ext. of the bigger a wave)
completing the abc correction pattern and kick of the final c wave of the major abc correction.
This will probably go up to 99,36 (27,2% ext. of the first leg of the weekly impulse.)
Good Luck :-)
From there it might be a good idea to short again to at least 93,74 (27,2% ext. of the bigger a wave) or even down to 92,85 (61,8% ext. of the bigger a wave)
completing the abc correction pattern and kick of the final c wave of the major abc correction.
This will probably go up to 99,36 (27,2% ext. of the first leg of the weekly impulse.)
Good Luck :-)
Note
Still valid!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.