the correction might already be over!
EDIT:
Short 1224
TP 1125 - 35
Cheers,U2
Wait, or you will be slaughtered!
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Disliked{quote} If this as a wave c, the correction might already be over! EDIT: Short 1224 TP 1125 - 35 Cheers,U2 {image}Ignored
Disliked{quote} If this as a wave c, the correction might already be over! EDIT: Short 1224 TP 1125 - 35 Cheers,U2 {image}Ignored
Disliked{quote} If this as a wave c, the correction might already be over! EDIT: Short 1224 TP 1125 - 35 Cheers,U2 {image}Ignored
Disliked{quote} Yes agreed, I also think it's a correction... bu...... in overbought, PChannel coming donw to price. first rejection of pivot. In my opiniun it must go down or first maybe a few pips high. but not higher then 1.1241 (start of this lower degree wave) {image}...Ignored
Disliked{quote} Yes agreed, I also think it's a correction... but then in the form of a lower degree wave ii (I see my higher degree wave count is a little different then yours) if the correction isn't over yet and if it's a wave ii ....then it can't go higher as the last wave b @1.1241 max (100% retracement in wave ii). We are now at 88,6% retracement. Edit: In the second screenshot the 1H-chart.... also the HEW_RSI nearly in overbought, PChannel coming donw to price. first rejection of pivot. In my opiniun it must go down or first maybe a few pips high....Ignored
Dislikedtime to start buying eu with possible retrace to 1.114x then hopefully up next tp in green {image}Ignored
Disliked{quote} mhhhh there is another possibility.... In that case the D R1 / Monthly and Weekly Pivot could function as a rejection... Time will learn... {image}Ignored
Disliked{quote} Hi HM, what about this? Correction over? Very rough EU 30M Chart: Cheers, U2 {image}Ignored
Disliked{quote} You have wave b below wave ii.... you broke a rule here... See my chart.....I'm not sure if I'm right now....anyway.....it looks as a break now....yes that's true.... still the mid-Pchannel could roughly work as support here {image}Ignored
Disliked{quote} HEW additional rule: "The wave (iv) will not break the (b) of wave (iii) and normally not get close."Ignored
Disliked{quote} Yes indeed that's also true But also wave ii never can be broken by wave b/iii...if so then something is wrong in the count! and we can have a deep wave b/iii occasionally nearly 100% retracement to wave ii...Ignored