Here we can see the power of the measured movement. To explain this simply. Each retracement and Continuation are bound to be around the same length as the market tends to repeat itself. Using this knowledge alongside my system we can see an optimal area to look for sell positions. The Red Box is the area I will personally look for entries and the Black Arrows showcase the potential length for the pull back and continuation. DISCLAIMER: Measured Moves are not an end all be all concept. It should be used alongside other information to create and understanding based on your current system. Treat it like an extra confirmation.
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