PRO_Indicators

DOW / Multi-Timeframe : Short cluster to target retracement

Short
PRO_Indicators Aggiornato   
FX:US30   Indice Industriale Dow Jones
Combined Elliott count and cycle analysis with PRO Sinewave, both tend to confirm the throw over excess above the ending diagonal and a nice price reaction around the fibo target cluster.
I shorted the fibo cluster and now waiting for any reversal or sell signal on Sinewave to lower my stops and go fully leveraged to the downside. Regarding the all time lows recently on VIX... it seems to me that if we drop, this can be very fast and that's why I'm in with an anticipated entry on the fibo cluster composed by the theoric targets of all the subcounts.

Hope this idea will inspire some of you ! I'm pretty new to TradingView so I'ld appreciate any like/follow if you feel like it deserve it ;)
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Trade attivo:
There is the short signal :
Trade attivo:
Went a little further than expected but trading is never about certainties ! Anyway I'm now seing the first bearish sinewave breakouts, and I'm of course fully exposed to short side. Trade is now validated with stop losses placed above 22400 for now.. waiting for further validation to lower them above the current top price

Daily Market Reviews (FR+ENG) : youtube.com/c/proindicatorsbundle

// Website : pro-indicators.com
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// Twitter (FR) : twitter.com/Phil_RX
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