USushi - Multiple confluence for a bearish trend
USushi will be trading in down towards the range it has been trading in the last few weeks.
A large doji on the weekly confirms exhaustion of the bulls.
in the markup you can see the Elliot wave's and its upcoming correction.
entering the trade would set a stop loss at 100 pips ( 20 pips above the high of the doji) and a TP of approx 450-500 pips.
This is not a signal, just my observation. do your own due diligence.
A large doji on the weekly confirms exhaustion of the bulls.
in the markup you can see the Elliot wave's and its upcoming correction.
entering the trade would set a stop loss at 100 pips ( 20 pips above the high of the doji) and a TP of approx 450-500 pips.
This is not a signal, just my observation. do your own due diligence.
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