m_1010

m_1010

Longing a head and shoulder pattern with TP @ 1.88000 +

m_1010

Looks like a nice opportunity to long wave 5 of this particular wave set. Target 1 is a reverse retracement of wave 3 to a 0.618% target price.The second target is an extension of wave 1 ( 1.618% with a range also from the reverse qretracememnt of wave 3 ( 1.13% ).

m_1010

Looks like a good opportunity to short wave 3 of this pattern set up. Waiting to price to reach around 2834. ( 1.13 fibonacci retracement of wave 1 ) . TP @ 1.618 of the potential wave 3 @267X.

m_1010

Buy to complete wave 4. Conservative Take profit at the 0.618 retracement @12300

m_1010

Buying the wedge shaped pattern on the 5 minute chart to complete the 4th wave. It is labelled differently as I follow a different strategy. Conservative TP @ 1.14372. Looking to short when it shows signs of reversals in lower time frames near the TP price.

m_1010

According to basic wave trading, we are approaching wave 5. Taking an extension from wave 2 to wave 3 to wave 4 in order to determine wave 5. The completion of wave 5 according to the 1.13% extension we used is @ 67.5. A good long entry would be around 67.77 (1.13% extension) to TP-1 at 75.27 .