1DAYUMAY

1DAYUMAY

notes on chart

1DAYUMAY

UPDATING FROM LAST 2 CHARTS Since wave 5 never materalized and looks like were still in red wave (4). still looking to trade 5 waves down to complete purple wave 3

1DAYUMAY

updating from last trade. red wave (4) looks to be done. looking to trade red wave (3) down to the 1.618 ext of purple wve 3. putting stop loss just inside red wave (1) is case this correction isnt over yet

1DAYUMAY

looking to trade the next 5 red wave down to the 1.618 ext of purple wave 1 for purple wave 3

1DAYUMAY

i have been trading this pair for about two weeks if you want to look at my earlier published charts. i believe the final blue wave 5 is left to trade to the upside. i am looking for 5 smaller waves to complete blue wave 5

1DAYUMAY

working on trading 5 waves down for green wave C on the 4 hr chart 5 green waves up can be seen and i believe we are working on the ABC correction 5 waves down for green wave A can be counted with green wave B taking the form of a zig zag. the red fib ext is a measurement for equalization for red wave a to red wave c the green fib ret is what a typical b wave...

1DAYUMAY

there appears to be our first set of 5 waves up for red wave 1. i believe red wave 2 is close to being over with. it appears to be taking the form of a zig zag. from here i expect a series of 5 waves higher to finish off yellow wave iii at approx .95000 and then eventually on the 2 hr time chart to hit the red wave 3 which is 1.618 ext of red wave 1.

1DAYUMAY

gonna give this a try as i think the blue wave 4 count is tricky but im counting it has a zig zag and i am now looking for 5 purple waves up to blue wave 5. my profit target is based on blue wave 1 (not shown) is usually equal in price to blue wave 5 since the blue 3 wave is extended.

1DAYUMAY

i published this chart a few days ago when took a position ive taken half profit but do believe this has more downside. i will update and look for another short position when i think wave iv is over and wave v should break down into 5 waves for some more profit

1DAYUMAY

blue wave A and B appear complete and now looking for a series of 5 waves up to ultimately complete blue wave C this is a long term trade and i will break this down for a shorter term trade

1DAYUMAY

i am breaking this chart down from an earlier published 4 hr chart i believe wave (i) and wave (ii) are complete and are working on a series of 5 waves up to finish the red wave 3 and eventually wave (iii). wave 1 is close to completing with wave 2 ret to follow hopefully staying in the channel. the rest is explained on the chart

1DAYUMAY

on the higher time frame it appears blue wave A and blue wave B are complete and we are working on blue wave C. red wave (i) and (2) are complete and we should see 5 waves down for red wave (iii) finishing at roughly 589 or even further for our 1st target. if you choose to stay in and trade the final red wave (v) down move stop loss to one point inside red wave...

1DAYUMAY

it appears red wave (i) red wave (ii) and red wave (iii) are complete and we are working on red wave (iv) with red wave (v) still to come which will complete the larger degree blue wave 1. red wave (iv) looks like a triangle with waves d and e almost complete. once they are we expect a strong move to the upside that should carry to 28 or even further. on the...

1DAYUMAY

facebook appears to have completed blue wave 1 and looks close to finishing blue wave 2. wave 2 takes the form of a zig zag. and we are expecting a 5 wave move to complete blue wave 3. there is another count where blue wave 1 is actually an A wave and blue wave 2 is actually a B wave which we would expect a 5 wave C. that is why i have set the first target at...

1DAYUMAY

on a 4hr chart and above red wave 1 appears complete and we are working on red wave 2 and once complete 5 larger waves for red wave 3 (not shown) on the 30 min chart above we are breaking down the zig zag of red wave 2 since we have 5 waves down in blue wave A we expect a 3 wave correction for blue wave B. blue wave B is a 3 wave expanded flat. now that blue...

1DAYUMAY

it appears red wave 1 is complete and we are working on red wave 2 which appears to be taking the form of a zig zag. I believe we are working on the lower degree blue wave C. it appears lower degree blue wave i is complete and looking for ret for blue wave ii. as long as blue wave ii does not move past the high of the large blue wave b the wave count is valid...

1DAYUMAY

it appears 5 red waves are complete so expecting a red three correction of same degree. on the lower degree i believe blue wave a is complete and now looking for a 3 wave move to complete blue wave b at roughly 1.24542. from there looking to trade 5 blue waves up to complete blue wave zig zag which completes larger degree red B. there is a possibility that blue...

1DAYUMAY

appears there are 5 blue waves completed. blue wave A also appears complete as a complex corrective making it a three wave correction so either expecting a flat or a triangle. I believe there is a 5 wave move in red wave a of the lower degree with a zig zag for red wave b completing between roughly 79.59 to 77.85. looking to trade wave 5 red c waves to complete...