Kinda right on the spot... ;-) Shorts closed, longs still on, will short the bigger pattern...
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Updated the larger pattern, look here:
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datura
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Impressive
KVE
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Thanks, this was spot on so far, let's hope we get the larger pattern to complete, would be a nice short entry with good profit potential if we get downtrend continuation...
I think we need one more wave down on higher TF (see my 4G analysis)...
If I were to pick a spot to short based on the combination of several idea's it would be 1231.50...
But watch out: up correction could go as high as 1233 - 1244 - 1254 based on the popular retracement area's... We never know...
Let's see what happens...., cheers!
Ronnee
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This one could be it?? So far it went to my limit 1219.8, then and now @ 1214..maybe going on to point c .? Ron