Retrace to Short continuation
Actualizado
Now that the Zig Zag pattern is finished, we can start looking for entry for short positions.
Expecting a retrace either to the 38.2 or 61.8 and back down from there.
For now, don't fall for the impulse traps thinking this is a reversal, I don't see any signs of reversal any where on any graphs at the moment, but do allow the market to play out.
If the chart full traces 100% then I'll believe a reversal has started, but if not, keep going into short position.
Happy Hunting.
Expecting a retrace either to the 38.2 or 61.8 and back down from there.
For now, don't fall for the impulse traps thinking this is a reversal, I don't see any signs of reversal any where on any graphs at the moment, but do allow the market to play out.
If the chart full traces 100% then I'll believe a reversal has started, but if not, keep going into short position.
Happy Hunting.
Nota
A little clue, in about 3 or 4 hours, expect an entry for short position for those who use Fib Time
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