As per previous warning of the possibility of upwards liquidity grab first, here are updated details and a better entry for this trade.
Entry - 118,500-119,000
Stop Loss - 122,000
Target 1 - 62,000
Target 2 - 35,000
Target 3 - 8,000
- Note that per my plan we would drop to 35,000 and retrace (long) back up to 84,000 to 90,000 to form a 3 wave corrective drop.
- Note that the ultimate bottom could also sit between 17,000 to 19,000, however per my years of work, I believe 7,000 to 8,000 will be hit.
NOTE THIS IS NOT FINANCIAL ADVICE NOR IS IT A SUGGESTION ON HOW TO MANAGE YOUR MONEY. THIS IS MY PERSONAL TRADE ONLY.
Happy Trading.
Entry - 118,500-119,000
Stop Loss - 122,000
Target 1 - 62,000
Target 2 - 35,000
Target 3 - 8,000
- Note that per my plan we would drop to 35,000 and retrace (long) back up to 84,000 to 90,000 to form a 3 wave corrective drop.
- Note that the ultimate bottom could also sit between 17,000 to 19,000, however per my years of work, I believe 7,000 to 8,000 will be hit.
NOTE THIS IS NOT FINANCIAL ADVICE NOR IS IT A SUGGESTION ON HOW TO MANAGE YOUR MONEY. THIS IS MY PERSONAL TRADE ONLY.
Happy Trading.
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