Nobody likes it when the market goes flat. Ambiguity kills both bulls and bears.
We are amidst one last 4th sub-wave down, before an exhausted 5th into 270.50-271.00.
Per wave count & resistances, I'm pinning this last 5th wave to end around Feb 4th. Coincides with fib timing.
Planning keep this idea updated until the 4th.
We are amidst one last 4th sub-wave down, before an exhausted 5th into 270.50-271.00.
Per wave count & resistances, I'm pinning this last 5th wave to end around Feb 4th. Coincides with fib timing.
Planning keep this idea updated until the 4th.
Note
Trade active
Just smacked off resistance perfectly, entering positionNote
Power-hour should begin our slow descentNote
Volume speaks - well, volumes.Note
If 270.1 is broken, exiting all positions!Note
Note
There may be one last sub-wave 5 before the end of larger wave 5, so be wary!Note
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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.