US30 ABCD Complete
After hitting all of our targets we're now expecting a pullback and the trend to potentially reverse now previous structure is broken.
We now have a bullish ABCD completion, however, I'm not going to enter when the markets open, I'm going to watch the price action to see how it reacts to the current level/the fib levels, if price rejects from the 318 and gives us a reversal confirmation then we will short again next week and go with my trend Bias.
I may also look for buys on the pullback if we get confirmation at current level, but unless I get retest/candlestick confirmation I wont enter quick buys I'll be patient and wait for price to react from the Fib before taking shorts.
We now have a bullish ABCD completion, however, I'm not going to enter when the markets open, I'm going to watch the price action to see how it reacts to the current level/the fib levels, if price rejects from the 318 and gives us a reversal confirmation then we will short again next week and go with my trend Bias.
I may also look for buys on the pullback if we get confirmation at current level, but unless I get retest/candlestick confirmation I wont enter quick buys I'll be patient and wait for price to react from the Fib before taking shorts.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.