IQOUS

IQOUS Updated 

in this bear scenario I'm counting wave 3 as extended, therefore another move down in wave 5 could drive the price into a very key zone. in addition to this, the low made during the flash-crash on the 17 of August it's very different from an exchange to another, this increase the probability for this scenario to play out. I would like to hear your thoughts, feel...

IQOUS Updated 

after watching closely this impulse (1 blue) higher probability to see a pullback printing corrective wave 2. this is a good opportunity to enter a long position where minimum target for a wave 3 is the 1.61% extension of wave 1. for this setup the stop loss is below the low/start of impulse, if the low it's taken this scenario will be invalidated. target...

IQOUS Updated 

in my count we could expect a move up during the weekend to grab liquidity ending wave 4 for eventually a move down ending the 5 waves impulse for than a corrective fase against the larger trend which currently is looking for much lower prices. the chart illustrate a potential trading setup to take advantage from market behavior locally. let's see if plays out...

IQOUS Updated 

Following yesterday move to the downside, we can look for liquidity grab at fib 0.382 and 0.5 to finish a corrective fase ending wave 4 for than a move down to finish the impulse and take the low. Potential short entry around 26300/26500 usd and potential target 24300/24700 (25000 conservative) Let’s see if play out

IQOUS Updated 

in my count we are currently looking for another move down completing the wave 5 of 3, a potential entry short at 26900 stop loss at 28000, target 24700 (25000 conservative)

IQOUS

if I move the end of wave 1(black) or A (red) on the high made on 14 April, I can count an expanding flat A B C (grey) ending C in a key zone (around 20/23k level) where a potential long position can be open / the target will be 3 or C toward upside around the 38k/50k level. I'm definitely keeping an eye on this scenario for my long trade strategy. let me know...