Elliot Wave + Bearish 5-0

6 Kas 2018

Looks like Elliot Wave Double 3 Combination and Bearish 5-0 patterns in one. The "Y" point of the Elliot Wave is on the 2 fib level (reversal level).

From there, price could fly up to the red box to retest the .5 fib level on the Bearish 5-0.

Once price gets to the red box, it's a sell for me all the way down to the green box for the take profit zone.

8 Kas 2018

İşlem kapandı: durdurma seviyesi

Of course the news spike had to screw this trade up...but it is now forming an Inverse H&S on 15M tf