L-S.....Long First & Short Later......As per previous update.. we took a sell call in the zone 1.1010--1.1020 with strict stop above 1.1040..EU slipped from that zone only marginally making a low@1.0961...post that there was a sharp rise crossing above 1.1040....
Earlier also I was looking out for a deeper wave ii--which never happened but currently taking place...it could run in the zone of 80% to 88.6% of the fall from 1.1165 to 1.0981-where our 1st wave got over...
currently this ii-wave --I have taken it as a-b-c wave ...c-wave is currently running into its 4th wave internally...current rate-1.1093...(21:15 Hrs--IST--28th July 2016)....I am looking for a push into 1.1130--1.1150's where it will get retraced by 80%--88.6% of the fall from 1.1165 to 1.0981......
Then ...our wait for most exciting wave ends...so don't miss--the golden opportunity of taking short--risk would be +5 ticks above 1.1165 as stop once we get a push from current levels of 1.1093....shall be looking for 1.0850 target where iii-wave shall equal 161.8% of i-wave---
Regards,
Abhishek H.Singh, CMT
Earlier also I was looking out for a deeper wave ii--which never happened but currently taking place...it could run in the zone of 80% to 88.6% of the fall from 1.1165 to 1.0981-where our 1st wave got over...
currently this ii-wave --I have taken it as a-b-c wave ...c-wave is currently running into its 4th wave internally...current rate-1.1093...(21:15 Hrs--IST--28th July 2016)....I am looking for a push into 1.1130--1.1150's where it will get retraced by 80%--88.6% of the fall from 1.1165 to 1.0981......
Then ...our wait for most exciting wave ends...so don't miss--the golden opportunity of taking short--risk would be +5 ticks above 1.1165 as stop once we get a push from current levels of 1.1093....shall be looking for 1.0850 target where iii-wave shall equal 161.8% of i-wave---
Regards,
Abhishek H.Singh, CMT
Trade active
14:45 Hrs--IST--29th July 2016----Euro Starts Up...Current Price -1.1101,....Regards, AbhishekTrade active
19:20 Hrs--IST--29th July 2016--- EU jumped from 1.1080--1.1090's yesterday to target zone 1.1030--1.1050...Made a session high@1.1067...unfortunately it has crossed the high of 1.1165...So we cannot short currently but keep a eye for the swing high@1.1187...Keeping that stop +1 tick above...to take short position once you get bearish confirmation...Note
19:20 Hrs--IST--29th July 2016-- Sorry for Typing Error---"Target Zone--1.1130--1.1150"Trade active
20:30 Hrs--IST--29th July 2016 ---Current Price--1.1192--- 5th wave is extending....big time from 1.1075's yesterday.....
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
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.