Quick plot to map the likely retrace points
Trade War news got a good twist, oh boy :(
Thus the instant drop, and should continue.
Of course, the supposed "good" news could be walked back any moment.
But I have been looking for a lower low per my previous plots already.
Will need to see how this develops, but currently I am thinking 1424-29:
.
Above is a mess but am fine tuning this plot below from November 18th
Trade War news got a good twist, oh boy :(
Thus the instant drop, and should continue.
Of course, the supposed "good" news could be walked back any moment.
But I have been looking for a lower low per my previous plots already.
Will need to see how this develops, but currently I am thinking 1424-29:
.
Above is a mess but am fine tuning this plot below from November 18th
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
I will post a new idea over the weekend after analysis of chart and news events.
As of right now, this HIGHER TF plot blow looks more and more valid now