A short position can be taken if we get a confirmation and should be able to considerably lower SL level marked on the chart.
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Elliot Wave Analysis of Global Markets
Ken
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- Common Stocks and Uncommon Profits - Philip Fisher
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Trading stocks, futures and options involves the risk of loss. Please consider carefully whether trading of stocks, futures or options are appropriate to your financial situation. Only risk capital should be used when trading. Investors / Traders could lose more than their initial investment. Past positive analysis are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
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