Falling knife at ITX, Long.

3 Mar 2018

At 23,93 there is an 0.382 fib retractement level from 2002. There also an AB=2.618*CD matching that level so I expect some rebound to the T1, 28.93 and T2 31.99.
I have taken some long position. Let's see next week.
GL

3 Apr 2018

Catatan

Closed position. I expected a fastest reabound and I'm affraid ITX is doing an small Gartley, which if fails opens the door to loose money. Once closed I'll expect for the Gartley.