Hello Traders
After the last top, it dropped fast and now, it looks like a correction is in the making. So my forecast is another drop. That's why I'm looking for short trade setups, and to place a pending order, I'm waiting for a reversal structure. The downward impulse can be the C wave inside a correction, which will be completed over the green trendline. That's why I'll hedge my trade when I see a potential reversal to the upside.
Trade with care.
Bulent
After the last top, it dropped fast and now, it looks like a correction is in the making. So my forecast is another drop. That's why I'm looking for short trade setups, and to place a pending order, I'm waiting for a reversal structure. The downward impulse can be the C wave inside a correction, which will be completed over the green trendline. That's why I'll hedge my trade when I see a potential reversal to the upside.
Trade with care.
Bulent