Not sure about the irregular flat pattern (correction of the high @10,865) but assuming the last movement was a C wave and assuming this C wave can be divided in an 5 waves impulse then the low would be behind us @9,159. A little frustating is the fact that the gap @9,156 has not been filled
Anyway in this case a entry point would be the breakout of the 4th wave = 9,676
stop easy under the last lows @9,159
short term target around 10 but here the trade idea is more to get in for the long term, so targeting values above the 10,865, for instance the 1,618 fibo level @ 12,245
Anyway in this case a entry point would be the breakout of the 4th wave = 9,676
stop easy under the last lows @9,159
short term target around 10 but here the trade idea is more to get in for the long term, so targeting values above the 10,865, for instance the 1,618 fibo level @ 12,245
Trade active
Trade active:
Assuming wave 1
9,17-->9,89
Assuming wave 2 reached 38,2% fibo level (9,445)
could add some more at this level
9,17-->9,89
Assuming wave 2 reached 38,2% fibo level (9,445)
could add some more at this level
Trade active:
trade still active
but almost stopped
will feel good when the last highs @ 9,89 are reached
but almost stopped
will feel good when the last highs @ 9,89 are reached
Trade active:
still holding
please move up ;-)
please move up ;-)