matt_forex
Long

Three Wave Move

415 7 1
See notes on chart.

Also, ES is making a 3rd wave, it may pull back a bit after bouncing off resistance @ 1842.75 area. This would create a good place to enter, with a target of 1905-9.

If the trendline is broken or price action moves sideways for 80+ bars the trade is invalid.
LEONES PRO
2 years ago
yes I agree, this is where the market wants to go. Maybe more than 78bars to reach that level
Reply
matt_forex LEONES
2 years ago
Yes, it may take more. I just like as much symmetry as possible (or as close to symetrical) in 3 wave moves.
Reply
LEONES PRO matt_forex
2 years ago
don't really like today close anyway, not strong enought
Reply
matt_forex LEONES
2 years ago
this trade is really playing out well. (so far)
Reply
LEONES PRO matt_forex
2 years ago
yes, pull back yesterday but it seems moving in that direction
Reply
matt_forex LEONES
2 years ago
I'm thinking the geopolitical events in the Ukraine will provide the catalyst needed for the market to pull back a bit, and entice more buyers. (once the event is resolved)
Reply
matt_forex matt_forex
2 years ago
practically to the day
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out