Description
⋅ Long from $1206—1176 area.
Expanded flat (a-b-c): c-wave — impulsive structure.
Comment
⋅ Good reaction here. Awaiting consolidation.
Comment
⋅ Book your profit and looking for reversal down with 3 waves at least.
Trade closed: target reached
⋅ Booked some profit. Waiting the breakout at $1300 or reentry at $1232 area.
It's seems like triangle.
Comment
⋅ Get the no trade zone. Further we could see any flat:
1) running flat
2) regular flat
3) expanded flat Comment
⋅ Unfolding the last one: expanded flat.
Comment
⋅ The expanded flat did the 1st wave in impulsive structure of swing (B).
Trade active
⋅ Comment
⋅ Comment
⋅ Trade active
⋅ Comment
⋅ Trade active
⋅ Comment
⋅ Here's nice reaction from inflection zone.
Comment
⋅ Should see 9 swings in impulsive structure of wave C of Cycle (B).
Comment
⋅ Comment
⋅ Breakeven.
Comment
⋅ Comment
⋅ Start of the new impulsive wave.
Trade active
⋅ Comment
⋅ Heading to $1483.5 at least.
Comment
⋅ Focus on divergency between end of X and 2.
Comment
⋅ Breakeven. Waiting 1280—1276 for new entry
Trade active
⋅ Comment
⋅ Trade active
⋅ Comment
⋅ Its also can be like this
Comment
⋅ Comment
⋅ Trade active
⋅ Comment
⋅ Took profit at 1275
Comment
⋅ Invalidation level was broken. Heading to 1480.
Trade active
⋅ Comment
⋅ Still can do another leg down
Comment
⋅ Trade active
⋅
1.382 = 1252.16
1.618 = 1235.02
Just curious about what points were used to stretch these fibs? Thanks!