Disliked{quote} Too mich risk if you ask me but nice to know exactly what he calls a correction for his analysisIgnored
I do take these trades if it extends to the 127 fib and I'm expecting a shallow correction. I only take the 38.2 correction IF there is a lot of structure at that level. If it goes lower I scale in... if it goes lower than the 50 fib I'm looking to execute a rescue mission and possibly a reversal trade.