TradeWaves-EWA

πŸ›’X5 Retali Group (FIVE) - excellent setup for a long position.

LSIN:FIVE   X5 RETAIL GROUP NV GDR REP 0.25 SHS EUR1 REGS
●● Mine scenario
● 1W

FIVE
The large Running Contracting Triangle β‘£ or ((B)) has been under consideration for about two years. Until recently, the main count had a decline in the final wave of C of (E), but after weighing all the pros and cons and taking into account the expectations for the market as a whole, priority was given in favor of a completed wave β‘£ or ((B)) and an early exit from the model up.

● 1D History
FIVE
A variant of waves count (B)-(C)-(D) as part of β‘£ or ((B)).

● 1D
FIVE
If the top of the triangle is really set, then we have nothing more than a series of One-two, one-two waves "(1)-(2) 1-2" as part of the expected β‘€ or ((C)).

● 6h
FIVE
"Pic. 4"
The targets for wave 2 of (3) can be the Fibo cluster area within two degrees, which is indicated by the blue channel. Looking back at the alternative count, I plan to make any purchases only if 2 of (3) and subsequent ((i))-((ii)) of 3 are completed and the first of which will break through the top of the ((x)) β€” "bull lvl" and will gain a foothold above the upper border of the descending channel.

●● Alternative scenario
● 1W
FIVE
The probability of descendind below $ 18.90 (LSIN) is now as an alternative count, which, however, does not make it any less likely. Wait for the indicated conditions to "Pic. 4" and open a long trading position with the least risk.

The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.


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