A Contracting Flat, How About That?
Updated
Taking a sell position in anticipation of a Contracting Flat could be very rewarding taking into account the risk : reward.
Predicting a Contracting Flat is an uncommon idea since it's not part of the classical pattern discovered by Elliot. But, this pattern occurs often so taking this trade is a good idea but risky.
Trade with care. Use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
Predicting a Contracting Flat is an uncommon idea since it's not part of the classical pattern discovered by Elliot. But, this pattern occurs often so taking this trade is a good idea but risky.
Trade with care. Use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
Note
Don't follow my wave counting, I just realised I made a mistake... the trade still stands.Note
still stalking
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