SP500 bearish move based on AB=CD pattern with fib

20 ביולי 2016

Hi traders,

On the S&P500 I found this AB=CD pattern that lines up with the 1.272 Fibonacci extension of the recent swing upwards, that was initiated on my birthday.
Entry: 2189.8
Stop: 2207.6
Target: 2136.5 = R:RR 2.99

Note: Just an idea, not trading this.
Best of luck! Updates will follow.

19 באוג׳ 2016

עסקה פעילה

25 באוג׳ 2016

הערה

Adjusting target to 2150 based on the structure. This means the R:RR changes to around 2.00

12 בספט׳ 2016

עסקה סגורה: היעד הושג

Took a while, but we finally got there.