SP500 bearish move based on AB=CD pattern with fib

20 ก.ค. 2016

Hi traders,

On the S&P500 I found this AB=CD pattern that lines up with the 1.272 Fibonacci extension of the recent swing upwards, that was initiated on my birthday.
Entry: 2189.8
Stop: 2207.6
Target: 2136.5 = R:RR 2.99

Note: Just an idea, not trading this.
Best of luck! Updates will follow.

19 ส.ค. 2016

การซื้อขายยังคงดำเนินอยู่

25 ส.ค. 2016

บันทึก

Adjusting target to 2150 based on the structure. This means the R:RR changes to around 2.00

12 ก.ย. 2016

ปิดการเทรด: ถึงเป้าหมายการทำกำไร

Took a while, but we finally got there.