Short

just an idea from a unexperienced trader

Updated

just an idea from a unexperienced trader
counting can be tricky and im propably wrong more often then im right but i figure as long as i draw all the wrong ones too im not easily suprised
another count would this not make the finished 5 of 3 .. but the 5 of 5 then the 0.168 would take it back on a retest to the orange channel which kinda would make sens if the orange channel is that significant
but for the moment im looking at it like this

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looks suspicious to me .. sure it is going down but it almost "feels" like not enough comitment ... for example the same low (first low could be just like a inverted cat dead bounce roger that) so the 2nd top would be the actual start for a impulse down but im gonna watch out for a possible further move up ... for the moment i took both trades down to this point and now i wanna see more ... "something" :)

so beware my friends trade safe

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i think we are done here ...

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point IV reached the only little hickup is my count is propably wrong i belive we were already at V and this down move was the 2nd correction wave down from the larger structure .. so wave 1 and 2 beeing done now
funy tho how this actualy hits 0.618 when you meassure the wave 1 as a whole ... another cooincidence its the upper side of a channel it broke out of (2nd picture orange channel).. and there is another tiny little thing its a retest of the line connecting all time high with the next high as well . i would expect up from here but i wanna see UP befor ill do anything,.. catching falling knives is no fun when it drops like that :)

Dayta

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