In this video I explain how the simplest a-b-c fractal lets traders make accurate forecast about high probability reversal levels of both, trending and corrective price moves. In my previous video: "Live Trading Room: ES mini goes to 3,100 and beyond" I explained how to find clusters of projections that may stop the rally. I came up with two numbers, 3,100 and 3,130. Both worked as resistance and after testing those levels ES produced corrective waves.
In this video I show potential path for a corrective wave ( iv ) down.
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