bounce off 786 fib line like prior tests. I'm buying put option with target near 382% fib line. I'm still new to this constructive crit is nice
ความคิดเห็น:
long as we don't break 280 range by much and reverse i'll buy put at $280, for mid march expiration to see move at least down to .236, .382% fib if not more. But if we break 280 next move would be testing 290s of course.
ความคิดเห็น:
Trying to use elliot waves more here along with fibs, just testing some theories out as I go. I will update if my elliotwave ideas help in these trade setups.
ความคิดเห็น:
Expecting at least a move to 236 fib like before, maybe a reverse head and shoulder play if we can retrace down to 50% fib levels and hold support, I'd start buying calls to resistance at 282. Once confirmation of Inverse H&S buying calls after we break resistance at 282 for min. targets of 310
ความคิดเห็น:
reverse head and shoulder fractal being worked on , look at past history before big move up all same reverse head and shoulder fractal