Hi guys, my last count has almost been confirmed, I think we'll have the last leg down to 7115 in few minutes.
I see almost a 10:1 risk/reward entry right now? do you? Time will tell us
luv
®pupulandia
I see almost a 10:1 risk/reward entry right now? do you? Time will tell us
luv
®pupulandia
Note
maybe not..ahhahaTrade closed manually
The C move is over, I knew it was going to be an impulsive wave but holy shit what a fast move! Another frontrun of 30-40 $ for the 0,618% target I had for the C, but you you can see in the main chart how perfectly we hit the upper line of the parallel channel. I entered short after the retest of the break of the mid line of the channel. And have a look how it reacted to the lower line of the channel after the dump.luv
Note
So nothing interesting happened, but I've just seen a nice wick finding support on the trendline and it seems that that was an overshooted E wave of a triangle.. so we are going to test the 61,8% retracement at 7600-50, IMHO.. so I'm closing my short brekeven, and looking for a better entry at those levels..tradingview.com/x/UWRMTZqM/https://www.tradingview.com/x/UWRMTZqM/
Note
By the way, if I'm right after the touch of the golden retracement (61,8) we will go down towards 6700-6800.. IFNote
Sorry guys, there are about 21 different types of corrections so you can understand that is quite difficult predicte a future correction, for this reason I'm constantly updating.. In an impulsive wave things are different :)That spike in volume for the supposed D wave throw down the idea of a triangle..
Here you have an alt. count but with same targets..
luv
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.