porden

porden Updated 

my thoughts on this share, waiting for wave 4, aiming for wave f

porden Updated 

I think there's a reasonable chance that we this stock be at the end of the second sub-wave and we could aim for the completion of the fifth wave. On the other hand, we could be towards completing an ABC. I think the rr is reasonable.

porden

an hour later, after a detailed comparison, using the indicators, i think this is a more appropriate count

porden

i think this is the count at the moment

porden Updated 

This trade doesn not offer the best R:R at 1.69, however given that many Fib levels and Support zones collide, it seems like a high probability trade to go Long at this level hoping for the the end of A wave, and aiming for the B wave. Note the RSI divergence on multiple timeframes

porden Updated 

Based on: Fib Extension of Wave A Critical Fib level of 0.786 nearing Divergence in MACD Support levels I think the dowtrend is at the end and a reversal is on on the way

porden Updated 

We retraced back from a five wave up after seeing divergance on MACD and RSI. It seems that ABC correction has ended around the golden pocket and weve seen huge buy at that level. We'll have to see if the correction is done for good, or we should expect a more complex correction

porden Updated 

I think this is whats cureently happening, and this is the count

porden Updated 

We can see divergence on Rsi and MACD, and a reversal. Possible buy opportunity?

porden Updated 

There ahs bee a strong resistence at this level. playing short at this stage provides a good R:R

porden

I think this is the count.

porden

I think there's more room to grow in wave three. we should wait for that to play out and they move in for the wave 4 retracement short. divergence and 1-1.6 extension target meet would be the giveaway

porden Updated 

I think its reasonable to assume an ABC correction here given that wave 2 was a relatively short and small correction. Such correction would put us through the path of completing the fifth wave

porden Updated 

Short MRNA Reason: Aim for completion of ABC limit 25.78 TL:140 TP:310 amount: 140

porden

Looking at this stock after my target was reached, I was looking to see if its a good idea to short the fifth wave completion, but I think this is actually a better count. We are not completing the second wave of the greater scale, rather than the fifth wave of the first wave.

porden Updated 

If this turns out to be a five wavw structure, then we should wait for the end of wave four and go for the wave 5

porden

I enjoy looking at this chart as its a very clean five-wave pattern. It's a shame the retracement to 0.382 is almost over already. But lets keep a look at this is I think it will provide opportunities in the future

porden

At the moment this is my interpretation. I would prefer if I could count the fifth wave as the B, but it would make the third wave the smallest wave, and therefore not possible. No trades at this point