Chart explains it all, I'm long as in the trades shown.
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Note the red arrows in case we get a last wave down...
Cypher could be next:
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Possibility in case we get further down:
Trade closed: stop reached
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Damn, damn, just pips before it took off....
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P_Parker
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Nice Idea, I agree. Dont mind that you have been unlucky stopped out. Next Trades will come!
KVE
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Thanks 4 sharing! Yes, already in the next one :-)!
KVE
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Man SL a few pips lower would've kept me in this nice trade... To be honest I actually put it there because R/R 2 looked better than 1. something... Lesson learned!!
javivi
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wow what a bad luck. Next time R/R 1.9 LOL Anyway nice analysis KVE!
KVE
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Haha, yes 2.0 is jinxed now ;-)
IvanLabrie
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Good one! I'll long above the daily high.
KVE
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Tnx for the comment!
Still a small doubt: if my i and ii are waves 3 and 4 then we could get a fifth and last wave down to about 120.15 completing wave 5... (red arrows)
Will look better if we get above my iv...
Nice Cypher pattern could be forming after that so I might adjust my first target a tiny bit too:
IvanLabrie
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I will long above your 4th to be safe...I don't know if the wave count is correct but it makes sense to me to see a rebound in equities and USDJPY since the support has held today, when I expected a carnage in the market. (this is a very significant support level)