shevectorie

shevectorie

Possible outcome: 1. expanding wedge/megaphone 2. channel with 60% retracements 3. Strong Elliot wave #3 4. Head and shoulders Update* lowering target 1 to 1.42 as this can be another correction. ***Cancelled trade, there seems to be some bearish candle formation in the daily and weekly. This trade is in trouble and will create a big drawdown if not...

shevectorie

Because PA just bounced off a major trendline I didn't draw it because it's too obvious in the 4H chart and you have to zoom out. Keeping a minimal SL. Result: -40 loss Never skim by the ideas page especially when you just did a 10 second analysis of the market.

shevectorie

AJ just broke a long term trend line. I have a small SL for this one

shevectorie

Could be ABCD zigzag again, could be EW#1 and #2

shevectorie

Hoping this is a true elliot wave#1 not an abcd /zigzag.

shevectorie

Wave 1 looking obvious. Keeping risks very minimal with this trade.