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AvinashMudaliar
Dec 18, 2017 5:58 PM

LONG SILVER Long

Silver/U.S. DollarFXCM

Description

PERFECT KBO BUY SETUP FORMED. BUY ABOVE CURRENT H4 CANDLE HIGH. STOP WILL BE CANDLE CLOSE BELOW RECENT BEAR FRACTAL LOW. TARGET GIVEN.

Comment

Fib Ext 61.8 has been Taken out with ease. Now looking for N wave to be completed around 16.35

It might then give some correction and then Take off again towards Target.

Comment

N Wave Target is now Reached. People should consider booking atleast 25% Positions here.

Comment

Nearing Target

Comment

Target Hit
Comments
break
Thanks you for the explanation.aware of abcd formation.
AvinashMudaliar
@break, ABCD is harmonic. D Projection is based on BC Ratio. But in N Wave D is always Projected 1:1 of AB Move from C

If you get 0.618 Projection Confluence of Recent Top Then mostly i will become Double Top. So that Case book profits at 0.618 Ratio
break
Well done . Where do i read about the N wave
AvinashMudaliar
@break, No much of information above N Wave or Ichimoku Wave Theory on Internet that is available for Free. Chris Capre and Fxatone glance offer Advance Ichimoku Course.

N Wave is nothing but ABCD. Where you wait for ABC and D is 1:1 of AB Move
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