This is not a trade call it is simply an idea.
This looks like a diagonal - which should comprise of 5 waves each containing 3 waves.
If my analysis is correct then price should go long (as indicated)
If it is a diagonal there should be a nice short once it breaks out - that is the trade I'll look for.
If it breaks out short without completing the structure - I'll look for a flag to get short.
Lets see what happens
Ideas welcome
Steve
This looks like a diagonal - which should comprise of 5 waves each containing 3 waves.
If my analysis is correct then price should go long (as indicated)
If it is a diagonal there should be a nice short once it breaks out - that is the trade I'll look for.
If it breaks out short without completing the structure - I'll look for a flag to get short.
Lets see what happens
Ideas welcome
Steve
Nota
On the 240 chart we have a better view of the "diagonal" Nota
We don't know where C will finish
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Twitter: twitter.com/logicfxtrading
Facebook: facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
Facebook: facebook.com/logicfxtrading
Telegram: t.me/logicfxfreetrades
Flipboard Magazine: tinyurl.com/yazs9szc
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.