Fib/Wave Structure for short and long trade.

Feb 7, 2016

The bearish structure is behaving a similar movement, according to the retracemente of the previous trendline(marked with the fibonacci lines), so the idea is to sell the break even in short, once the price hit the downtrend line, until the 61% por the Fib, and in this price, wait to hit again the trendline, and wait until it break the downtrend line.