Price broke the B low yesterday giving us a new AB
downswing. Once again we will wait for a retracement to the 618/786 where we
will be looking for a short entry. If however price continues down then we will
wait for a B low to form.
FOR TODAY: Will be going short if:
We need a rally to the 618/786 then a bearish cs
formation for a short trade setup.
FOR TODAY: Will be going long if:
No long trade setups as we are in a bearish AB swing.
There are no criteria present to go counter trend.
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