good enter point after finishing wave c of zigzad in wave (b) of
It is obvious an ending diagonal in wave 5. And the last wave of ending diagonal is a triangle. I think we will see a huge down correction soon.
Now we should have a correction to 7300 at least.
It might be an ending of the correction WXY. In January it would be a new sanction from USA. This should lead to fall of rubble. Also in 18 of March it would be presidents election in Russia so the government will try to suppress rubble before the election. But after it will continue to fall very likely. The problem of the strategy is that it is expensive to...
I think wave C of IV not over yet and we can make a new low. Related to this idea EURUSD should make a new hight.
My previous idea was invalidated. Here is my alternative count. Buy from levels: 6650 and 6800 with target 8000-8200 p.s. This is crazy how people are driving by crazy mania and blow the bubble. Recently I've read some good articles about bitcoin. The idea is that actually Bitcoin is a bad system for money transfer and cannot be used as money in general....
I think we are near the end of bitcoin mania. Target 6200 reached (1.61% retracement of wave A of extended flat). It is important level and I thinks we don't go higher without a major correction. Price will probably test 6200 again a couple of times. Maybe wave 5 would be ending diagonal or extended flats in wave a. So we will see several tops around 6200. If...
Wave 4 of impulse, 61% correction + key level. Good to BUY here
I've changed my wave count of impulse. I think consolidation + impuse was ending of small wave 5 of wave (3). So now we are in ABC correction (in wave C) in the way to finish wave (4). I think level 5200-5000 is good to enter LONG with first targets 6000-6200. SL below 4900.
This burst up could be a good signal that long down sideway trend is over.
Typical parabolic mania. Waiting to wave C of expanded flat.
Currently, there is a diagonal triangle. Could be wave B of wave 4 of last impulse OR wave 5 itself. So we will see soon.
Wave B is not a good wave to trade but here it looks like a clear WXY correction and it possible to enter at the end of wave X if assume it will be a zigzag.
Expect bounce from 50% of (A) at 1.35 So currently it is better to wait next hight around 1.35 and there go long after confirmation.
Waiting for confirmation of wave 4 ending for entering SHORT. This will be last move down for CAD, then probably go UP
It seems that wave C is not over. This correction could be a wave 4 and we now in the beginning of wave 5 or the entire correction pattern was double Zig Zag, not an extended flat. Or the wave C is extended. I also suspect this current UP wave is global wave V, not a correction, but with very deformed wave 1 (looks like ZigZag from level 3000). So strategy,...