“Everything points to SOUTH, but is moving EAST” by trader SergioGarofoli — published October 19, 2018 — TradingView

Predicting is difficult, and also self esteem consuming after time showing reality, but it should’t discourage. We all learn from it.

I analize Argentinian GGAL             price, trough Fibos retractions and time extensions, to get targets, but has to rely on main trends.

I’m predicting that is going SOUTH and I mean to be SHORT. In fact I am with a PUT.

Reality shows prices moving EAST, and that means lateralizing with horizontal waves rather difficult to see on daily timeframe .

Some short stock options strategies has to be implemented to the end of this movement espected to end in two months.

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