Hello Traders
Because of the higher degree structure, my forecast is a new low and a strong reversal. It looks like a correction is in the making before the last drop. Now, I'm waiting for a trade setup to buy it. Then I'll hedge my trade before the last drop. If it doesn't give me a trade setup, I'll wait for a new one after the yellow C to sell it. My goal here is to have a trade to hedge it when the price comes into the blue box.
Trade with care.
Bulent
Because of the higher degree structure, my forecast is a new low and a strong reversal. It looks like a correction is in the making before the last drop. Now, I'm waiting for a trade setup to buy it. Then I'll hedge my trade before the last drop. If it doesn't give me a trade setup, I'll wait for a new one after the yellow C to sell it. My goal here is to have a trade to hedge it when the price comes into the blue box.
Trade with care.
Bulent
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.
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.