Using the same R/S since first analysis on Dec 2020.
Still valid on 2nd analysis dated 7 March 2021.
This is the 3rd update (8 April 2021).
Point of view ;
- Major trend = down trend
- Reversal = no strong reversal pattern or any kind of reversal point (even harmonic butterfly far yet to complete)
- Trendline = still valid
- M-Top = still valid and yet to reach target
- 1-2-3 = more than 1 movement with same confluence of direction (down)
- Dead Cat = high probability
- Trading Plan = FIFO, BOS and SOR, See Money Take Money
Still valid on 2nd analysis dated 7 March 2021.
This is the 3rd update (8 April 2021).
Point of view ;
- Major trend = down trend
- Reversal = no strong reversal pattern or any kind of reversal point (even harmonic butterfly far yet to complete)
- Trendline = still valid
- M-Top = still valid and yet to reach target
- 1-2-3 = more than 1 movement with same confluence of direction (down)
- Dead Cat = high probability
- Trading Plan = FIFO, BOS and SOR, See Money Take Money