tarrywu2005

tarrywu2005

LOL will the cup be formed, let us wait and see ^^

tarrywu2005

waiting for the break out AB=CD monthly, a tweezer bottom at support area

tarrywu2005

waiting for the break out of the range

tarrywu2005

1.Monthly, price should retrace to resistance level in confluence with 38.2 Corrective wave 2. Daily price looks like a breakout of CTL and should touch the 1.14000 area again, if it breaks that level it should reach extension D which is near level of retracement monthly of 38.2 3. still strongly belief that it will reach the 38.2 level before going further down

tarrywu2005

on a weekly the candle closed inside the channel where it shows a possibility of going long to 16000, yet on the daily, 4hr 1hr chart it shows a break through of TL retest yet no sign yet of continuation in candle stick for it to reach 15200 yet, what do you guys think???

tarrywu2005

retest continuation, wave is correcting ATM, go long for correction wave and price action for confirmation of impulse wave (short)

tarrywu2005

Two scenarios break retest continuation wait for price action, or it was a fake break out of the trendline, and resuming to make a higher high to extension level

tarrywu2005

let it pull back and go back up

tarrywu2005

strong support at the bottom, wait for break of either side

tarrywu2005

Longer TF it looks like a break of support and retest continuation

tarrywu2005

1.Go long after break out of InnerTL for a (corrective wave) the retracement of a Daily Time frame for 400 pips. 2.Go short after the Long has reached target, and wait for PA to confirm the short for 1800 pips, but for safety rather go short after the break out of the channel(Flag) and target the extension which is back to (impulse wave) D and D2