CHERIZON_WAVES

CHERIZON_WAVES

>Closer View of the Horizontal Diagonal. >AGGRESSIVE ENTRY Will be at the end of "E" >STOPS at the low of "C" >TARGET on Daily Trend line above.

CHERIZON_WAVES

Watch as the correction unfolds. Only Buying the next impulse

CHERIZON_WAVES

As the market unfolds in this correction, in it is important to be patient and wait for the impulsive wave 5.

CHERIZON_WAVES

There is a probability that wave 4 has not finished forming therefore let us expect one more impulse lower to touch 50% fib and possibly end of the correction.

CHERIZON_WAVES

Expect a retracement upto 61.8% before we start another bullish rally

CHERIZON_WAVES

Swing Buy set up forming. Most importantly we wait for a bullish flag, retest or any other bullish structure before we dive in with a less risk.

CHERIZON_WAVES

Structurally this pair has fulfilled every step except one. To complete the step, we need a bearish move to touch at least 127.2%

CHERIZON_WAVES

Watching Closely how this accumulation will break out.

CHERIZON_WAVES

A Pair worth the Watch. Swing Buy Set up forming. Remember this is the pull back we have been waiting in the daily Time Frame.

CHERIZON_WAVES

Hold Until the end. Targeting 1600

CHERIZON_WAVES

Most importantly we must touch the trend line above.

CHERIZON_WAVES

Ideal BUY set up for the next impulsive wave, wave v

CHERIZON_WAVES

Too late to Buy. Wait for pull back before joining the wagon. Wave 4 will happen as the retest if the broken Channel.

CHERIZON_WAVES

Short opportunity if wave 4 has completed forming

CHERIZON_WAVES

Anytime you see a consolidation just above a Trend or structure, it is a clear sign that the breakout has a higher probability of happening. That is what we have here. Prepare for SELLS

CHERIZON_WAVES

Wave 4 correction seem to have finished - 38.20%. Now we look to BUY and Hold. If wave 5 has started, Let us Target 1600

CHERIZON_WAVES

What happens when you need 5 waves for wave (C) and still need 3 waves for wave (d) of the diagonal, which contains the initial wave (C)? Here we might see a retracement to touch 61.8% (Our Buy Zone) TIP: BUY only when the bearish channel breaks above.

CHERIZON_WAVES

A common scenario where a minor wave 4 happens as a retest. This is one set up that is clear always to be picked from a lower price and holding