Hi Traders,
As you can see, wave ((v)) of A is still ongoing. than My buy zones are Golden ratio of entire "bull Run" around 24K. Second Buy zone is 19-17,5K (More likely to HOLD us).
Than some retracement UP to 30-40K Range. (Wave B - we will count subwaves). And then Wave C.
Get ready, trade safe. Enjoy profits ;)
As you can see, wave ((v)) of A is still ongoing. than My buy zones are Golden ratio of entire "bull Run" around 24K. Second Buy zone is 19-17,5K (More likely to HOLD us).
Than some retracement UP to 30-40K Range. (Wave B - we will count subwaves). And then Wave C.
Get ready, trade safe. Enjoy profits ;)
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s3.tradingview.com/s...shots/k/kg3Iyd5a.png
We can see HUGE rejectin of EMA 55 at 4H timeframe. So most likely there will be one more subvawe (v) of A. Or we are alredy forming wave C of correction.
Important is the direction (down).
Do yur homework and count subwaves on 1H-2H -4H ;)
Trade safe, have fun.
We can see HUGE rejectin of EMA 55 at 4H timeframe. So most likely there will be one more subvawe (v) of A. Or we are alredy forming wave C of correction.
Important is the direction (down).
Do yur homework and count subwaves on 1H-2H -4H ;)
Trade safe, have fun.
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Hi Traders, time to check Elliot Wave count on small timefframe (4H-8H)
Seems like we are forming a triangle almost symetrical. Which indicates continuation pattern. = (wave 4)
So another move DOWN will come. My best guess is based on Fibonachi extension of wave1 (1:1, bcs wave 3 was extended 1.618)
s3.tradingview.com/s...shots/z/zETkNMpe.png
Be carefull in this market conditions, use stop loss. ;)
Seems like we are forming a triangle almost symetrical. Which indicates continuation pattern. = (wave 4)
So another move DOWN will come. My best guess is based on Fibonachi extension of wave1 (1:1, bcs wave 3 was extended 1.618)
s3.tradingview.com/s...shots/z/zETkNMpe.png
Be carefull in this market conditions, use stop loss. ;)
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We are aproaching end of Wave A ... now the question is if its going to be 1:1 with Wave ((i)) od extended.
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