For my previous post and context see link below:
Due to the fact that the lower time frames show a bearish impulse we might have to keep in mind that wave B in red might not be in place yet.
Short term I'm looking for a consolidation on the lower time frames for a potential sell trade. If we see a strong reversal then we have to adjust and wait for the bullish consolidation.
Updates will follow.
www.timstuyts.com
www.facebook.com/timstuyts
www.youtube.com/watch?v=HvmWTm4f...
Due to the fact that the lower time frames show a bearish impulse we might have to keep in mind that wave B in red might not be in place yet.
Short term I'm looking for a consolidation on the lower time frames for a potential sell trade. If we see a strong reversal then we have to adjust and wait for the bullish consolidation.
Updates will follow.
www.timstuyts.com
www.facebook.com/timstuyts
www.youtube.com/watch?v=HvmWTm4f...
Comment:
I still like to see a significant consolidation of at least 3 waves before a high probability sell will present itself.
