SP500 bearish move based on AB=CD pattern with fib

20 июл. 2016 г.

Hi traders,

On the S&P500 I found this AB=CD pattern that lines up with the 1.272 Fibonacci extension of the recent swing upwards, that was initiated on my birthday.
Entry: 2189.8
Stop: 2207.6
Target: 2136.5 = R:RR 2.99

Note: Just an idea, not trading this.
Best of luck! Updates will follow.

19 авг. 2016 г.

Сделка активна

25 авг. 2016 г.

Заметка

Adjusting target to 2150 based on the structure. This means the R:RR changes to around 2.00

12 сент. 2016 г.

Сделка закрыта: достигнута тейк-профит цена

Took a while, but we finally got there.