Morning to all . Hope doing well all . Being stacked in long views did not take shorts most of the time this week ,actually risked much with some longs , mostly not habituated in it though.
In daily there was clearly a wave 5 ended & should have proportionate abc correction but as market wanted continue more bear , already done though but tried actually to continue it by force. Last minutes I see not able yet. Price is more flat that ever .so temporarily it failed more , market may rejected.
If they thought or HS & 550 pips move below it , may be rejected too . confirmation only by a very good moements to continue up non stop to a honourable level , say over 1.30.
If this 5th wave is a part of the very big wave 3 then at least the big wave 1 have ended & so next retracement 2 to go up & so I took long side last 7 days. Only left a rudimentary apparently 'a' wave or still not developed due extreme craziness of bear.
If a rudimentary 'a' wave can develop then why not it a rudimentary wave 4 & as next tried bear continuation at the base & double bottom & 5th fail all are extremely rudimentary also , impossible to imagine for sure . if so then if no more bear continuation or if exhausted soon after some more ,say at 1.20. 1.1954 ,then very big 5 end ?? doing extreme bearish may d so at an early , we saw before when bull ended at 1.6 , how crazy bull was , abc & no d for consolidation & back the same style.
Now price bouncing from bottom & expecting stop at 1.2373.if success break next then next halt 1.2524.THE START BEGIN.Wish it happen & in next bear party I can join successfully .
wish best luch to all bears , I am still long ( some one called me a long man ? ) though basically bear most of my life in forex.
fontu
In daily there was clearly a wave 5 ended & should have proportionate abc correction but as market wanted continue more bear , already done though but tried actually to continue it by force. Last minutes I see not able yet. Price is more flat that ever .so temporarily it failed more , market may rejected.
If they thought or HS & 550 pips move below it , may be rejected too . confirmation only by a very good moements to continue up non stop to a honourable level , say over 1.30.
If this 5th wave is a part of the very big wave 3 then at least the big wave 1 have ended & so next retracement 2 to go up & so I took long side last 7 days. Only left a rudimentary apparently 'a' wave or still not developed due extreme craziness of bear.
If a rudimentary 'a' wave can develop then why not it a rudimentary wave 4 & as next tried bear continuation at the base & double bottom & 5th fail all are extremely rudimentary also , impossible to imagine for sure . if so then if no more bear continuation or if exhausted soon after some more ,say at 1.20. 1.1954 ,then very big 5 end ?? doing extreme bearish may d so at an early , we saw before when bull ended at 1.6 , how crazy bull was , abc & no d for consolidation & back the same style.
Now price bouncing from bottom & expecting stop at 1.2373.if success break next then next halt 1.2524.THE START BEGIN.Wish it happen & in next bear party I can join successfully .
wish best luch to all bears , I am still long ( some one called me a long man ? ) though basically bear most of my life in forex.
fontu
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
