A to B of ABC correction finished. B to C correction in process. Expecting to hit double top.
- I believe that since news are cloose chart will do a doji of what it have done for now. It's better to take the risk.
Trade active:
Chart has break 300% limit. It will probably reach 423% then.
Chart has break 300% limit. It will probably reach 423% then.
Comment:
Minute 5 timeframe E.W. shows that chart will reach 400%.
Comment:
Minute 5 E.W. Finished in even minor E.W. So bullishtrend is aceptable, but it can take some time.
Minute 5 E.W. Finished in even minor E.W. So bullishtrend is aceptable, but it can take some time.
Trade active:
I have nottice a manipulation on m5 on the uptrend E.W. . Probably is telling that is in accumulation phase for the news.
Trade active:
Chart went down to finish correction. It will go around 600~500 probably because that was the limit of m5 E.W. .
Chart went down to finish correction. It will go around 600~500 probably because that was the limit of m5 E.W. .
Trade active:
Micro E.W. detected and finished reaching 300% of fibonacci.
Fibonacci is between the 4 peak and 2 peak of micro E.W.
It is expected to see chart do another one toward above open trade.
Since news manipulation is in process it will be wise to close trade when on profit or close to it. Otherwise, chart may do a second manipulation toward 67k. I say this because first E.W. that I analyzed was on H4 and 300% was on 67k. I ignore it taking in consideration H1 E.W. . But now it's a mess.
Scalpers can keep following micro E.W. and keep getting profit while keep SL on number 0 of E.W.
Micro E.W. detected and finished reaching 300% of fibonacci.
Fibonacci is between the 4 peak and 2 peak of micro E.W.
It is expected to see chart do another one toward above open trade.
Since news manipulation is in process it will be wise to close trade when on profit or close to it. Otherwise, chart may do a second manipulation toward 67k. I say this because first E.W. that I analyzed was on H4 and 300% was on 67k. I ignore it taking in consideration H1 E.W. . But now it's a mess.
Scalpers can keep following micro E.W. and keep getting profit while keep SL on number 0 of E.W.
Trade closed: target reached:
Target has been found. No more buying is necessary. H1 and H4 300% limit has been hit.
it actually keep going high, and formed an H4 minor E.W. . Now sell option is open to do so.
Target has been found. No more buying is necessary. H1 and H4 300% limit has been hit.
it actually keep going high, and formed an H4 minor E.W. . Now sell option is open to do so.
