UnknownUnicorn3382580

UnknownUnicorn3382580

An obvious buy setup (regular flat) Have a signal on h1-h4 - impulse forming Clear stop, descent R/R

UnknownUnicorn3382580

Weekly trendline broken, followed by a running flat. Confirmed by a new impulse down, wait for a pullback and sell

UnknownUnicorn3382580

Very likely, that the pair is reversing to the upside. On the h1 t/f we have got an impulse. I am in. Huge upside, risk is clear.

UnknownUnicorn3382580

It is worth paying close attention to the price action this week, to form an impulse and a descent pullback on H1 timeframe. the wave structure is hinting that we are at the early point of a reversal, having completed waves 1 and 2. A strong trend in favor of audi will follow

UnknownUnicorn3382580

Huge downside. At least, until the end of the summer. I assume that the ABC is complete, that has taken the form of a flat. Good luck!

UnknownUnicorn3382580

If wave iv is complete, than the nearest targets are clear. Moves so far exactly as planned

UnknownUnicorn3382580

As soon as the price overlaps as shown on the chart, this will be a confirmation for the upside.

UnknownUnicorn3382580

Simple as that. Follow the trend, it still has potential to bring price higher

UnknownUnicorn3382580

"FedEx Stock Hits a New Low on China’s Wrongful Delivery Probe" - that's the headline from Market Realist. It draw my attention and I opened the chart. At first sight we clearly see the vertical fall in the wave 3, and a number of smaller impulses at the reversal (top of the chart). A bit confusing unless you draw the trend line, that had been broken. Absolutely...

UnknownUnicorn3382580

The pair is completing the leg C of a three-wave pullback ABC, after the upward impulse that started right at the beginning of 2019. On the 1h timeframe I see a flat and assume the local fifth wave down of the last leg of the pullback. That is going to start around 108,7 and travel 100 pips down before the reversal. The new trend is assumed to deliver 800-1200...

UnknownUnicorn3382580

Assuming a WXY is complete, there is some space to the upside. The structure is bullish, although it is quite uncomfortable to buy at highs

UnknownUnicorn3382580

Wave 4 is close to completion Primary target for the larger wave 1 is around 10,000 This is the first round number, as they say, having a phycological impact)) So far the structure moved nicely as planned. Good luck!

UnknownUnicorn3382580

I don't personally like such structures, but it qualifies to be a running flat I am out of trade in this commodity, unless I see a simple structure to the upside

UnknownUnicorn3382580

Evth on the chart Waiting for a nice downside move

UnknownUnicorn3382580

At this point I assume a larger structure as shown on the chart Current upside move has to complete wave X in a WXY correction

UnknownUnicorn3382580

Running flat Price is ok to drop again

UnknownUnicorn3382580

Seems like the pullback is over and we are starting a new impulse up (at least, similar to the first impulse (at the left side of the chart) Good luck!

UnknownUnicorn3382580

As part of the overall analysis, following the prior post, this is my plan, within which I am going to trade. Hope this helps