Zig Zag to Short
Güncellendi
One of my favorite set ups, the zig zag, with the right chart we can see this structure matching nicely with stochastics.
Zig Zag, 3 wave corrective structure, stochastics with a double top reversal formation, everything is down from here.
While others are seeing this as a support area, i'm seeing this as a correction area to a continuation down. Do not think of buying to go long here.
Happy Hunting.
Zig Zag, 3 wave corrective structure, stochastics with a double top reversal formation, everything is down from here.
While others are seeing this as a support area, i'm seeing this as a correction area to a continuation down. Do not think of buying to go long here.
Happy Hunting.
Not
About 100 pips profit from the top, if anyone had measured, the Zig Zag had retraced off the 38.2 and continued down, after the first breakout, we should start looking to the impulse waves going down from here.Unfortunately for those going long, there has been no sign of reversal, if you took a long position you fell for another psychological trap of the Zig Zag.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.