Twin peaks again on AO, Bearish divergence broken, Strong price action, Fractal break, and Curling AO.
TP might need be to close, we might end up holding on longer, but this is smallest scenario. will keep it updated.
Nice bullish divergent, and angulation away from alligator.
AO Twin peaks and consecutive green bars.
Broke 1st fractal, Looks like Wave A is complete, TP might have to be lower depending on price action, if it really wants to drop, or if we see a bearish divergent TP.
Ok i know this is a lot of stuff ad i should have simplified it, but just take your time and look through it all. 1h bigger EW chart + 15m smaller one as shown. might not even have last push up.
Bearish divergent broken on both timeframes, AO sloping downward and have 3 red bars consecutively.
Strong Short. Just completed C wave on 4h chart, and Had a strong wave 1 with Wave 2 retracing right around fib level 0.50.
Several Bearish Divergents, As well as an AO divergent, Red bar showing up on the AO.
I think regardless of whether this push up to break the previous channel was a wave A or wave 1, I think we can all agree it should have at least one more push up.
I am being conservative and having my TP set at fib level 0.618, just to play it safe.
wave B just bounced right off fib level 0.50, bullish divergence as well.
Looks like its currently on wave 5 of 3.. looking for entry for quick short, might get long again soon after.
havent entered yet due to the strength of the last few bars. will wait for bearish divergent on 15+ min timeframe before entering.
looking to exit my short soon. however it just broke trend and could very well travel down much further, so i will keep a little in long term. waiting for bullish divergent angulated away from the alligator, once that occurs i will then go bullish (provided it makes sense)
strong price bars downwards atm, should hit TP much sooner than expected.