What a day.....we saw a for me unexpected short darkblue wave-b.
and after that we could welcome the nose-dive which we expected in HEW-terms..... well it is definitely not done yet...I think!! Because in this wave c/iii we expect something around 1,1065-33.... and after some air....we also expect a dive towards the 1,0806-1,0742. The moves from today are completely in line with this expectations!! So maybe the coming week(s) is fun trading. Just hoping I can extract the correct waves in time!!
So were are we atm....well I think we now in the pink wave-a/iii. and in this wave I believe we just saw the wave c/iii so we now expect the wave-iv (@1,1331) followed by the wave v (@1,1285-74) then we need the pink wave-b/iii.... well after such a sharp move we normally expect a deep wave-b....but in this sharp moves and negativ markets I'm not sure if we can trust on that "normally happened thing".... I believe we must prepare for a short or normal wave-b in the first place....if not then look for the deeper one....something around 1,1322-44 in first place..... well we must see and follow that move then, before we can say more about it.....
in overview: back to 1,1331. Then down towards 1,1285-74 and then we need a retracement 1,1322-44? before the next run downwards can occur.
and after that we could welcome the nose-dive which we expected in HEW-terms..... well it is definitely not done yet...I think!! Because in this wave c/iii we expect something around 1,1065-33.... and after some air....we also expect a dive towards the 1,0806-1,0742. The moves from today are completely in line with this expectations!! So maybe the coming week(s) is fun trading. Just hoping I can extract the correct waves in time!!
So were are we atm....well I think we now in the pink wave-a/iii. and in this wave I believe we just saw the wave c/iii so we now expect the wave-iv (@1,1331) followed by the wave v (@1,1285-74) then we need the pink wave-b/iii.... well after such a sharp move we normally expect a deep wave-b....but in this sharp moves and negativ markets I'm not sure if we can trust on that "normally happened thing".... I believe we must prepare for a short or normal wave-b in the first place....if not then look for the deeper one....something around 1,1322-44 in first place..... well we must see and follow that move then, before we can say more about it.....
in overview: back to 1,1331. Then down towards 1,1285-74 and then we need a retracement 1,1322-44? before the next run downwards can occur.
You can manage risk, but you can't manage the return
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