Everything seems to be going as planned and predicted.
the triangle is broken and we are in wave 5.
I personally don't think it can break the 12.5k level for couple of reasons
1- it is a fibo level
2- it is a resitance level
From the RSI and detrended price oscillator ( DPO ) point of view we are close to an important resistance level:
I might not short it but I will close my position on that level for sure and wait for a pullback.
I don't think RSI and DPO can break the resistance level as we are already close to oversold area
I will keep you update under this post for the whole next week :)
the triangle is broken and we are in wave 5.
I personally don't think it can break the 12.5k level for couple of reasons
1- it is a fibo level
2- it is a resitance level
From the RSI and detrended price oscillator ( DPO ) point of view we are close to an important resistance level:
I might not short it but I will close my position on that level for sure and wait for a pullback.
I don't think RSI and DPO can break the resistance level as we are already close to oversold area
I will keep you update under this post for the whole next week :)
ความคิดเห็น:
I updated the wave count
ความคิดเห็น:
the previous chart was 5min one
this is the 30 min chart and the expect target of wave 5
this is the 30 min chart and the expect target of wave 5
ความคิดเห็น:
Went exactly as predicted :)
ความคิดเห็น:
I am expecting this wave count to happen.
we are on wave A of the bigger correction
we are on wave A of the bigger correction
ความคิดเห็น:
wave C was much smaller than what I tought
this is the road map
this is the road map
ความคิดเห็น:
I add double scenarios on the chart,
these 2 option can happen and I have added the count for each one
Blue: the correction is over and we are in wave 5
Yellow: the correction is not over yet
these 2 option can happen and I have added the count for each one
Blue: the correction is over and we are in wave 5
Yellow: the correction is not over yet
ความคิดเห็น:
ความคิดเห็น:
complete correction wave count
ความคิดเห็น:
ความคิดเห็น:
the assumption of 5 was is invalidated now because we hot wave 1:
so it an abC.
the possible wave count :
so it an abC.
the possible wave count :
ความคิดเห็น:
ความคิดเห็น:
the 5min chart
ความคิดเห็น:
ความคิดเห็น:
this is the 30 min chart
ความคิดเห็น:
this is the 30min chart
ความคิดเห็น:
ความคิดเห็น:
I just realised I missed one wave :D. the uptrend is over now
ความคิดเห็น:
we hit the invalidation level for down trend
we will be still in correction
still bearish but we are in the correction
we will be still in correction
still bearish but we are in the correction
ความคิดเห็น:
possible scenario ?
ความคิดเห็น:
I am short
ปิดการเทรด: ถึงเป้าหมายการทำกำไร:
Job done :)
see you next week
see you next week
ความคิดเห็น:
ปิดการเทรด: ถึงเป้าหมายการทำกำไร