Idea is based on Elliott wave theory with use of stochastics for wave identification. Fib extensions are used for targets/reversals identification. More info (targets/stop loss) on the chart. Good Luck
Idea is based on Elliot wave theory. Stochastic indicator is used for wave count confirmation. Fibonacci extensions are used for future price projections. Nothing really tradable for me here risk/reward wise. I will be wanting to trade the latest impulse upwards as soon as I spot it.
Idea is based on Elliott wave theory and the use fibonacci extensions. The stochastics are used for wave count confirmation. The rationale behind this set-up is shown on the chart along with specific target/stop loss. Good luck
Idea is based on Elliott wave theory. According to my count, corrective wave nr 4 is on-going. Expect price to retrace into the 0.382 before wave nr 5 can initiate. Ratio confluence of waves nr 1 and 3 is used for the selection of the target. Good luck