Possible short setting up on 4 hour Renko (10 pip Box size) chart. Red is sell zone if leg 2 plays out. Analysis "loosely" based on on Goodman Wave Theory.
Beginning of leg 2 may also serve as entry for countertrend trade.
Possible short setting up on 4 hour Renko (10 pip Box size) chart. Red is sell zone if leg 2 plays out. Analysis "loosely" based on on Goodman Wave Theory.
Beginning of leg 2 may also serve as entry for countertrend trade.
Possible long setting up on 4 hour Renko (10 pip Box size) chart. Green is buy zone if leg 2 plays out. Analysis "loosely" based on on Goodman Wave Theory.
Beginning of leg 2 may also serve as entry for countertrend trade.
Possible long setting up on 4 hour Renko (10 pip Box size) chart. Green is buy zone if leg 2 plays out. Analysis "loosely" based on on Goodman Wave Theory.
Beginning of leg 2 may also serve as entry for countertrend trade.
The trading setup is coming on the third propagation swing.
There was no dagger formation at the bottom of today's fall (1.330) that could inform for entrance into the long. That's why I'm waiting for getting the price back to 1.3290 on the inside wave and buy after the formation of the dagger and RSI confirmation.
If I missed the entrance on 1.330, then the...
