SP500 bearish move based on AB=CD pattern with fib

٢٠ يوليو ٢٠١٦

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.

١٩ أغسطس ٢٠١٦

تم فتح الصفقة

٢٥ أغسطس ٢٠١٦

ملاحظة

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

١٢ سبتمبر ٢٠١٦

أغلقت الصفقة: تم الوصول للهدف

Took a while, but we finally got there.