Hi traders
this is a follow up on my previous post on S&P
as of now everything worked perfectly :) : the bear flag got confirmed (being in my count a wave 4.
If the last subwave 5 will respect the 1 to 1 extension of wave 1 of the same degree, we should get up to where indicated by the red line
of course the last wave can be extended, if that will be the case the retracements will be different than the one indicated by the line
This is no financial advise !!!
Happy trading !
this is a follow up on my previous post on S&P
as of now everything worked perfectly :) : the bear flag got confirmed (being in my count a wave 4.
If the last subwave 5 will respect the 1 to 1 extension of wave 1 of the same degree, we should get up to where indicated by the red line
of course the last wave can be extended, if that will be the case the retracements will be different than the one indicated by the line
This is no financial advise !!!
Happy trading !
Trade fechado: objetivo atingido:
as said in the comment below, it was a truncation in the 5th
I am recharging the whole SPY chart from inception to get a full overview and see where we possibly are . .maybe I will post it soon
for now. .target reached :)
I am recharging the whole SPY chart from inception to get a full overview and see where we possibly are . .maybe I will post it soon
for now. .target reached :)