Expecting one more wave up to roughly around 14.5€ to finish first impulse wave up(or just B wave).
1. Target around 0.618 fib(14.4€) which is also 2.24 fib extension of 1-2 wave.
2. Target around 0.786 fib(15.7€) which is also 2.618 fib extension of 1-2 wave.
- Ethereum is consolidating around the 105 price area what means bearish potential is decreasing -» bulls can take over and we can expect a break out. However we can still go a bit lower before that happens what could create new buy opportunities.
- After Wave 3 we can in to a new Dessert crossing phase -» I'll target the 200 price area to close a couple...
Second scenario where A wave is just to be formed. Target of 5th wave of A is around 0.618 fib of whole 1-5 structure formed sinced 14.1.2019 (7€).
If so, target of C wave should be around 0.786 fib of whole structure.
First posible scenario with C wave extented to 1.618 fib of A-B.
Posible target of C is around 0.5 fib of whole 1-5 structure which is forming since 14.1.2019 (7€)
1. Strong Daily and weekly suport at 109.0 - 108,9
2. 50% fibonacci of last wave
3. Correction after first wave of impulse
4. PinBar on H1
5 VSA signal (Big volumen anb Pin Bar)
Open position - 109 - 108.9 after confirmation
SL 108,7
TP - 110,2
1) Ema 200 on H1
2) Resistance on H4
3) 32,8 fibonacci of 1 Wave
CHFJPY may be on number 3 of Impulse waves, we wait for a candle of strong rejection, and with intention of going down, then we enter in shorts at 114.306 and TP 113.831. Then we wait for a confirmation of continuation of up trend and we buy at 113.841 and we wait for the 5th impulse wave to end, Take Profit at 115.167, watch out for the purple strong zone in the...
Once upon a time, there lived two brothers named Kasim and Alibaba, who were sons of a merchant and had an equal amount of inheritance. While Cassim married a rich lady and became a wealthy merchant, Alibaba married a poor, humble woman and lived the life of a woodcutter.
One day, Alibaba goes deep into the forest for some good quality wood. There, he chances...
EURUSD is passing upper wave 3 and it is more possible to continue in long side, also it is finished the corrective wave (last pullback). it is possible to be in long side for about four hours
Wave 1 and 2 are completed since start of the uptrend, now we are on wave 3 ( The highest wave ) but the growth to this levels also required good economic conditions ( fundamentals and sentiment )
EurAud ready for another run down wave 3
head and shoulders to reset wave and
complete wave 1
wave 2 had a perfect 618 pullback
wave 3 is getting set
have some candle confirmations on lower time frames
follow arrow down to green trend line, maybe further for the completion of wave 3, over 80 pips
by the way EurAud has been in a down trending channel, respecting...
Hope, it is the quintessential human delusion, simultaneously the source of our greatest strength, and our greatest weakness. It is time to allow BCCBTC to retrace. Looking forward to your comments!
Currency Pair: EURUSD
Sell Limit Entry Price:1.14
Take Profit:1.13
Stop Loss:1.14500
Capital Risk:500USD(amount may vary depending on your account size and risk tolerance)
Potential Reward: 1000USD
Risk/Reward: 1:2
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