My take on crude oil monthly wave structure. Working on the idea of classic motive pattern to the upside to complete wave I of (V). What do you think?
working on the idea of zigzag pattern to complete wave 4. I'm still bias with the bear and looking for trading oppurtunity to the down side.
Invalidation level = 71.67 Working on the idea for down side movement to complete last leg of wave 5 for this motive wave sequence. Alternate count will be release if price movement above and break our invalidation level. For now, i'm expecting a classic motive sequence in five structure to the down side. Pengiran CEWA
Hi Traders! Idea: Wave 4 Triangle. Critical level is set at 60.58 for this idea. An impulsive move up to our first key level at 65.04 will give us a hint that wave 4 is in place. Happy trading.
Assalamualaikum and Hi traders! I'm still on the idea of wave 5 extension. Quick knowledge sharing on Elliott Wave Principle. The reference for this idea is based on EW guidelines on impulse wave. Motive Wave Multiples ----------------------------- (Impulse Wave Guidelines) When wave 5 is extended, expect wave 5, in price terms, to travel 1.618 times the net...
Assalamualaikum and hi Traders! As for now, there is no sign of bottom for the downward movement on yesterday session. I'll stick with the bear for now until the end when it bends. Retracement or a beginning of a new trend? I don't know. Let the market decide. Embrace the probability Trading is a business based on probability. Never certainty. Happy Trading pengiran-
Hi Traders, Update on FCPO wave count on hourly chart. Happy trading.
Assalamualaikum and Hi traders! Working on the idea of extension wave 5 of 5. Expecting another high to complete the extension wave 5 of 5. Price objective is set at 1.618 level. Happy trading!
Asslamualaikum and Good morning Traders! As for now, im bias to the bull side as long as price is above 3819. Please refer to my "stream" for detail explanation of today analysis.(audio = bahasa melayu). As for my trading plan, still waiting for a clear trading setup before consider to enter the market. Clarity is the key for successful trading. Happy Trading.
TRADING CONTRACT: SEPT(U) 2021 KEY LEVEL = 3838, 3711 CRITICAL LEVEL = 3499 Working on the idea that wave 4 is already in place and looking for an impulsive movement toward 3978. Trading above 3838 will strengthen the idea. As for today, we will monitor our 3711 key level serve as validation of the idea that wave 4 is already in place. OUR CRITICAL LEVEL IS...
FCPO, WAVE 3 COMPLETE? TRADING CONTRACT: SEPT(U) 2021 KEY LEVEL = 3978 CRITICAL LEVEL = 3499 10.06.2021 Trading below 3978 would signal us that wave 3 is complete. If wave 3 topped, expecting a for sharp correction of wave 4 toward 38.2% area. As for today, we will monitor 3978 key level, trading above this level will cancel the idea that wave 3 is in place....
Hi Traders! As for now, there is still no sign that wave 3 has ended. Stay with the trend. Happy Trading
Critical level @ 0.195 Waiting for clear setup to go long with wave 5.
Hi Traders! Enjoy the wave 3 =) Wave 3 of 5 objective is set at 161.8% = 1.400 At what point am I wrong in the analysis? I'm wrong if price fall below the starting of wave 3 at 0.745 level. Happy trading!
Buy above 0.310 TP = TBA SL = TBA Condition: Cancel order if break 0.150 level.
Assalamualaikum and Hi Traders! Price already break our validation level for bearish count yesterday. Looking forward to see price movement in classic 5 structure toward 3800-3900 area for this first motive sequence. Happy trading.
Hi traders! Key level = 3679 Critical level = 3760 Atas ke bawah? Ntah. Kita tunggu apa market nak offer hari ni. Plan A Bearsh Plan B Bullish Happy Trading!
Hi Traders! Update on FCPO market. Happy trading!