X87
Short

Be ready to SELL. Wave 4 near to end.

OANDA:XCUUSD   CFDs on Copper (US$ / lb)
72 2 0
Since nearly 5 years we had been transiting a bearish correction channel. After US election we experienced a bullish impulse not yet corrected. Anyway we had already arrived Wave 4 and ready to bear back. Watch price action. If flag, then probable fast bull impulse. Be aware that price could be reaching 2.80 but after that ready to bear. If broken, new entry point bull will be 3.00. In this trading idea Entry bear 2.45 SL 2.68 TP1 2.20 expect correction and then TP2 2.00 or Wave 5 end.
What the rationale of light blue horizontal line on the chart? How do you choose resistance levels? (are pivotal levels?)
Reply
I'm sorry but I never head about a 4 wave corrective action. Astonishing... Usually corrective actions are 3 waves ones (Elliott theory), your chart is, at best, FUNNY.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out