Local wave 3 down complete, expect a pullback towards 1.382 level, and then the dump - to complete:
- wave 5 (local) of the impulse down
- H&S target
Trade safe
- wave 5 (local) of the impulse down
- H&S target
Trade safe
Comment:
H1 move up is in three waves. More downside risk
Comment:
So far the move down in three waves. Of reverses, there are three options:
1. Part of a flat (on the picture)
2. Triangle
3. Diagonal
1. Part of a flat (on the picture)
2. Triangle
3. Diagonal
Comment:
For a diagonal it is too early to judge.
Comment:
likely a triangle played out, so the move down should complete the sequence for the wave 3, this week I expect a corrective rally.
Comment:
Now its a buy structure on m15/h1
Comment:
Correctly, I guess, to mark a running flat.
Although, both options are ok
Although, both options are ok
Comment:
And again three waves to the upside. Need an impulse. Staying aside
