dojitrader
Long

Fine Tuning 5 UP with Bat Long ???

FX:EURGBP   Euro Fx/British Pound
191 1 3
Wave 5 seems to have extended over the original wave count
and may now develop into a deep 2 or B wave correction.
The potential Bat pattern adds to the confidence.
Clearly defined risk below X as that would invalidate the
wave count completely, although, if it remains in 3 waves
it could be considered an expanded flat - perhaps.
Anyway, below X and I'm lost = well defined /low risk trade.
NielsG
a year ago
Thanks for sharing! I agree with this idea..
When price gets near D, I'll be watching for a Pivot line in the PRZ for a more accurate entry.
In the unlikely event that we'll get there today, it'll be the S2 Pivot at 0.70581
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