1. Looking at the wave principle, we can be able to tell the market is on its iv wave of the extension of the first wave of C. This is a bearish trend in the Long term. At least for the next few weeks until we can have leg C finished.
2. We have had a strong leg downwards. we now have something like a flat consolidation forming. what does this tell you?
Look for sell positions.
Trade Smart. Manage Your Risk well.
2. We have had a strong leg downwards. we now have something like a flat consolidation forming. what does this tell you?
Look for sell positions.
Trade Smart. Manage Your Risk well.
