EU H4 I see strong possibility of getting C wave up to complete the H4 structure before we get a larger impulse to the downside!
There is no confirmation that the internal C wave down is over, so price can push lower!
1) H4 Internal wave C down there's no confirmation it's over, wait for confirmation before buying!
2) Invalidation point for this setup is the yellow line at the low.
3) Wait for impulse up on the lower TF and bullish flag to confirm the internal C wave down is over and there's more upside to come!
4) TP I'm targeting the 100fib, this level will change if internal C wave down is not complete.
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There is no confirmation that the internal C wave down is over, so price can push lower!
1) H4 Internal wave C down there's no confirmation it's over, wait for confirmation before buying!
2) Invalidation point for this setup is the yellow line at the low.
3) Wait for impulse up on the lower TF and bullish flag to confirm the internal C wave down is over and there's more upside to come!
4) TP I'm targeting the 100fib, this level will change if internal C wave down is not complete.
If you would like to see more trade setups like this, hit the follow button. If you like my analysis, hit the thumbs up so others get the chance to see this potential setup and you get updates on the trade!
Thank's to all the traders in advance that hit the thumbs for your support!
Note
Might be getting 1st signs of bullish movement with a impulse up on M15 breaking TL. look for bullish flag to confirm more upside before buying!Note
Since my last update H1 TL has held, The M15 TL break failed and price pushed lower.The H4 low hasn't been broken so this trade is still valid until low gets broken. Look for H1 impulse breaking structure and buy the breakout of the flag on lower TF
Note
We got an impulse up but not a break out of the structure, H4 TL still hold's so there is the possibility of a bearish running flat with more downside to come. H1 looking bearish at this stage after NFP, unless high gets broken. I will put out another update as price play's https://out.https://www.tradingview.com/x/jv0GTSLV/Note
H1 expanding flat, Check out the idea detail's. Thank's
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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.