Hi all,
Been a while since my last update but I've just really been waiting for a further low to kick in.
We're currently sitting at the top of a triangle that has been in play since 14k, so I'm looking to add a short here. Extension is possible up to the 9k region but I'll place a stop loss beyond this.
Multiple targets within the 5700-5500 zone, in addition to the high volume area at 6k. This is my predicted bottom and I'll close my short position just above this.
Been a while since my last update but I've just really been waiting for a further low to kick in.
We're currently sitting at the top of a triangle that has been in play since 14k, so I'm looking to add a short here. Extension is possible up to the 9k region but I'll place a stop loss beyond this.
Multiple targets within the 5700-5500 zone, in addition to the high volume area at 6k. This is my predicted bottom and I'll close my short position just above this.
Comment:
Looks as if we have a 5-wave structure soon to complete on the 4H at this point in time. Looking for reversal in the 8800-9100 zone.
