Everything was great before I saw this problem candle. (even the price is still lower than my perfect short entry which was 4236 from my previous posting) That problem candle (which happened just 1 hrs before US market started), did messed up all my corrective EW counting. So, I had to re-count it as Impulsive wave(black wave) However, this does NOT mean...
It look like everything is fuxxed up. Yeah it is somewhat lower price than I expected, but I feel this is the moment that I have waited for few months. I cancel all my previous posting and will short it right now.
if it breaks up this triangle, than we will go as the main chart
There are thousands of scenario that price can follow. I think this way is the most brutal, malicious way to torture people among the thousands of scenario. Let`s assume I am huge devil who try to manipulate market, then I will adopt this one.
Can AUD break up those 2 major strong ris. lv??? We can try to buy at the circle point
Still valid Even though I got stop-lossed last night, I am still looking for another long entry below 4120. As we can see in main chart, we had 0.5 fib simple ABC correction in wave (2). By alternation rule, It is perfectly natural that we will get complex and non-deep correction now. And it bounced exactly 0.236 fib. Now oil, food, metal, gold,...
ep : 4395-4405 sl : 4475 tp : n/a
First of all, I am still holding position as below(It was ultra pin point short position): As I posted my previous one, my plan was switching to long position like below: However considering other US stock index charts, I think this is more NATURAL to get correction, than going up from now on As we can see in volume profile, there is NO...
I still believe that 4425 will be the final top This scenario is also based on the previous posting: My assumption is that bulls might NOT let it go down below 4118. If my assumption is right, then it will go up to 4225, down to 4125, and start last rally to 4425. I think 4125 can be ultra attractive buy zone, if the assumption is right. So, I will defo...
S&P moves the same as previous GBPUSD : Before In GBPUSD, I put massive short position at end the of wave V ( around 1.35ish) and get fuxxed. It was frustrating, but I dont mind it. Bcz when you trade using EW theory, you cannot trade assuming "it will be extended". So even tho I go back to last Dec, I would do same action (but put less amount of short lol) ...
After Covid crash, SPX is growing nicely following the black trendline in this chart. There was 1st breakdown, but Bulls defended successfully with lots of volume, price recovered back to the Trendline with enough volume, and finally made higher high at 3990!!! However, 2nd breakdown happened, breaking down triangle 2 days ago. Now it just recovered...