After a big rally price is in a corrective structure and in the long run i expect this market to rally once again. Now in the correction we have a smaller impulse to the down followed by a smaller correction. We should keep an eye for price to break below the correction and sell. We might have another move up till the 0.618 fib level of the smaller impulse where i personally go short from that level. As a profit target i will aim the trnedline which connects the previous lower swwing points of the corrective structure..
Simple, clean charts have the biggest value..!
Simple, clean charts have the biggest value..!
