Waiting for a short trade

This has moved up and up recently and looks ready for a correction. Wait for a break of the trend line before opening any positions on an entry set up

I'll update my ideas as they develop
First rule of trading - Protect you capital

Any one trying to learn Elliott Wave Theory can find a FREE comprehensive Building Blocks video course on my website. See my profile for the link.

You can also follow updates via twitter (link from my TV profile)

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve Nixon

Комментарий:

We've had the expected breakout. If you're not in yet wait for a pullback (correction or flag) Let's see how far down it goes

Комментарий:

Progressing nicely

Комментарий:

We could be look at an expanded flat - if so price could go long but if price pushes down from here and breaks the trend line we could be looking at the start of a larger correction