An example how to manage your trades using Elliott wave Principle. Part two - what actually happened
An example how to manage your trades using Elliott wave Principle. Part one - analysis and forecast.
Hi, I'll post here my point of view about the price action of some financial instruments that I follow. I will not use long comments, but some...
To guess exactly where the top is could be difficult, but to watch for a reversal's signs could be more useful.
The market optimism has embraced almost everyone, and that's why we start to talk and warn about a coming top.
Hi, I'll post here my point of view about the price action of some commodities that I follow. I'll be happy if you share your analysis and...
An example how to manage your trades using Elliott wave Principle. Part two - what actually happened.
I think we're gonna see here some corrective downturn.The first targets that I would point are at 0.71800 and 0.71300. Important support line is...
...and the second chart...with the reached target
Totally agreed about the resistance at 1.7040. For my wave count breaking of these levels will confirm that wave 5 is in action.
I consider that the pound has a way up to go till the end of wave (iii) of 5. Long positions are a little bit too risky.
It turned out that our target was a little bit conservative :)
This could be also funny.
I think it will be better to close the position with some 30-40 pips profit right now, because the wave structure looks tricky.
could be downtrend wave (iii)
I'm sorry to disturb your discussion. I just want to post my 1m chart wave count. I agree that in mid term this could be gold's historical...
...and the position was closed near the target.
Hello leena. I hope that you'll find something interesting for you here... Good luck.
AUDUSD has made another high and didn't confirm the bearish scenario. I'll wait for other reversal evidences. Good luck.
Separate names with a comma.