ElliottWaveStats

ElliottWaveStats

Main Target remains in 1,209.68/1209.76 $ zone. Wave (C) The Wave Pattern has been now identified as a FLATT PATTERN formation wich its Wave (C) is on going. At first the pattern had been drawn as (W),(X),(Y), because the internal (W) wave structure, but now I´ve got more data to update the analysis. If this was the case, may the 1,209.68/1209.76 $ zone,...

ElliottWaveStats Updated 

Main: Stop Loss Updated at 12223.88 $. R/R Ratio : 16: 285. Target Remains 1279.76.

ElliottWaveStats

Short buy: Buying/Entering Point 1224.63 Stop Loss: 1218.36 target 1237.15 abc Waves R/R Ratio: 2.00 Commentary: A Short counter position is possible to add to the floating profit. ---------------------------------------------------------- Main Stop Loss Update: 1230.00 Final R/R Ratio: 12:90

ElliottWaveStats

As shown above in the Chart, just describing more in detail the main analysis. Target Remains at 1209.76 $ Y Wave.

ElliottWaveStats

Main: Sell Entering Point: 1256:45 $ Target: 1209.76 $ Y Wave. Top Indicator/ Stop Loss: 1258.34 $ X Wave. R/R Ratio: 24:1. Counter Strategy (Alternative): Buy Entering Point: 1238.40 $ Target: 1267.64 $ 2 or B Wave. Bottom Indicator/Stop Loss: 1235.86 $ 1 or A Wave. R/R Ratio: 15.18. Commentary: Hedge Strategy: I took the main in 06/26, because...