Hi guys,
if trend Line Broken Then Buy EURGBP and TP is 0.8756 SL is 0.8420
if trend Line Broken Then Buy EURGBP and TP is 0.8756 SL is 0.8420
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DislikedHey guys, keeping things simple... typical abc correction to a first impulse. Good luck!Ignored
DislikedHi Soso, how is your eurgbp count? C-wave of the correction is finally ready?
RIgnored
DislikedLol, dont know what you mean by that but I hope is something good
Back to ABCs, the eurjpy high was exceed so the setup was invalidated. I would still take a short around here but only if we have a strong bearish reversal like a large pin bar or bearish outside bar. But for now is off my radar, not an A+ anymore...
We also have a typical abc on GBPCHF H4, the only thing missing is some bullish PA. I'll keep an eye on it.
Cheers!Ignored
Dislikedgood to see you soso.
how have you been bro?
always good to see solid analysis.
regarding ej, i was expecting one more high based on weekly count. (looks like a last 5 waves up before a sell off)
your thoughts would be much appreciated.Ignored
Dislikedthe uptrend we've seen yesterday & the day before on G/U is very much like [a b c] and [a] is almost equal to [c], instead, if we could find 5 wave, then your count would be well justified, however still to me, your idea is acceptable.Ignored
DislikedIf you mean the huge correction from Daily then it is hard to say. It didnt reach the typical abc level (a=c) so I didnt get an entry. But if you zoom in to H4 we had a typical abc setup for LONG, dont know if it is a correction or the new up trend.
If it is a correction I will look again for the same setup, typical abc, and if this is the case then the 0.8632 level is the level to watch for short reversal signs.
I'm telling you guys there's nothing more simple and clear than the simple abc in the entire EW theory. If you like to keep things...Ignored