This is my attempt to short seeking 385 pips before the break of the major support of the current consolidation.
Check my trade plan this "first act" short position:
My subscribers will receive all the rules to engage the "second act" of the short position to catch the potential downward move, if it is likely to happen.
Happy days!
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Nothing really to do with your idea but as an interesting aside I took and caught most of that short because the GN had 9 bull bar run on the daily, something that hadn't happened in 15 years. A very rare trade but with that edge impossible to resist. Are you saying here that you believe the GN will fall considerably lower in your opinion?
InsideMarket
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If the wave structure is broken, it is very likely in my opinion.