Good risk reward possible short entry
50% retracement of last major move down
61.8% retracement of the latest move down
Touching trend line of correction
Head and Shoulders within correction
We never know for certain but this could be enough to suggest a good risk reward short.
Of course it could go north one more time with in the trend
Please "like" if you agree or if this helps with your own analysis
Good luck
Steve
50% retracement of last major move down
61.8% retracement of the latest move down
Touching trend line of correction
Head and Shoulders within correction
We never know for certain but this could be enough to suggest a good risk reward short.
Of course it could go north one more time with in the trend
Please "like" if you agree or if this helps with your own analysis
Good luck
Steve
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