Hello! Upward movement may continue. An alternative scenario is not excluded - a decline to price levels of 9900-9600.
Locally it is worth considering buying from 10,500 with a stop loss of 10,350, as well as buying in the range of 9900-9600 with a stop loss of 9300. The target for 2 scenarios is 11900.
You are giving us guidance, using our own indicators, its up for us to decide depending on our own biases. So Thank You!
UnknownUnicorn3511625
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@jamzachillese, Thank you!
Yes you are right! Unfortunately, we can not broadcast the decisions of our team online.
jamzachillese
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Thank You for always giving us a scenario. it really help a lot. keep it up.
Great Team!
TradingShot
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You have emerged as one of my favorite channels Quantum! Keep it up!
GoldenFinger
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Hello, thank you for publishing your analysis. Im finding them very helpful. Im currently aligning my thoughts to understand eliot wave. Are you trading complex pull backs or just impulse waves ? would love to understand your trading style :) Im currently in the process of developing mine and would be really grateful of some inspiration. Thank you.
p2hku
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@GoldenFinger, Hi, I have been trading using EW for almost 2 years. For me the best trading opportunities emerge from the following - 1)longing the retracement after the first impulse move 2)longing after the top of wave 1 has been breached and targeting the end of wave 3 3) shorting from the end of wave B until the end of wave C in a zig-zag formation. 4) longing when wave 4 triangle has completed
GoldenFinger
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@p2hku, Thanks for reply :) makes sense what your saying . thankyou. how do you identify when a wave 1 has commenced and that its not the follow on from the C correction ( or last leg of complex). Are you using any other indicators to help with your assessment? whats your prefered source for information using eliot wave and other indicators?
thanks for your help.
Amjadsid
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flawless count : expecting wave b down h4 is looking down