🐂STRONG BULLISH 9 WAVES WOULD COME🐂

✅ WHERE WE ARE
I had no idea if last week's high(1.4009) is bullish 3 or not.

So I made 2 scenarios on last Friday.

Scenario1(BULLISH)
After pink resistance line is broken, wait for (4) to BUY

Scenario2(BEARISH)
After lime support line or 1.38079 is broken, wait for (4) to SELL

The price was getting convergent and the pink resistance line has been broken(sign of explosion), which would form 9 waves.
So we should wait for (4) to BUY.

Lime(3) is not hit yet as of now,but if lime (3) is 1.3908, at Fib61.8(1.3863), pink and lime TLs seem to await reject the drop.
The lime support line is very important. as long as it remains unbroke, the bullish waves would last.

We should wait for lime(4) to BUY anyway.

💡The absolute principle for trading💡
📈BUY - as low as possible
📉SELL - as high as possible

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ความคิดเห็น:

In H1, 5 waves are formed from 1.3835(lime2) in accordance with Fractals.

I've got 2 ideas how to chase the price.

1)
If 1.3891(4 in H1) remains unbroken and today's high 1.3929(5 in H1) is broken, 9 waves would be formed in H1.
2)
If 1.3891(4 in H1) is broken, today's high 1.3929(5 in H1) can be counted as 3 in H4 and we should wait for (4) to BUY. In this case, Fib61.8(1.3871) is the best spot to buy because Pink and Lime trend lines cross there, where the price would be received.