Price is at a cycle extreme...By my count..( Which isnt always accurate ) in cycle 19 of an extended wave 3. 2 more cycles and a possible topping pattern.
Note
New extreme reached...21 cycles...price extended beyond equality with leg one... Looking for a reversal pattern. To short the correction leg...Election is soon..and price does what price does...trade carefully...Protect your capital...Enjoy your weekend Traders.
Note
the reversal may have started...took a small short off the pin bar candle in the reversal zone...looking for more structure to fully commit
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.