Osei-Wusu

Osei-Wusu

risking 50 pips for over 200pips

Osei-Wusu

jsut an idea

Osei-Wusu

just an idea

Osei-Wusu

some cool 70pips. we can take profit at 0.618 of the fib extension too

Osei-Wusu

just an idea

Osei-Wusu

like i said in the previous analysis, we are in the last major bull wave but this last wave (wave (5) is subdivided into 5 parts with price just finishing wave 2 of (5). wave 3 of 5 using fib extension is likely to end at 54k followed by a short retracement and finally wave 5 of 5. trade with tight stop loss and stay safe

Osei-Wusu

JUST AN IDEA

Osei-Wusu

sell gbpusd ... just an idea

Osei-Wusu

wave 2 retraced 38.2% of wave 1. we werent sure if wave 2 has ended but a breakout to the upside means wave 3 has began and it usually moves at least 1.618 of wave 1. buy btcusd

Osei-Wusu

just an idea. if you missed the entry for the buy setup in my previous analysis, here is an possible new entry... either at 0.5 or 0.618 of the latest bull move

Osei-Wusu

btcusd short scalp

Osei-Wusu

scalping btcusd

Osei-Wusu

SHORT GBPUSD IF THERE'S A BREAKOUT TO THE DOWNSIDE!!!

Osei-Wusu

long btcusd... it's just an idea taking minimum profits at 0.5 and 0.618 extensions of wave (3)

Osei-Wusu

wave IV is expected to be shallow at 23.6% which also coincide with the lower channel line. however it can also retrace to 38.2% of the wave III which is also around the wave 4 of the intermediary wave(one of the wave guidelines).

Osei-Wusu

buy eurusd as wave III appears to be an extended wave. hence price is currently at wave 2 of wave III. we buy at 0.618 of wave 1 of III

Osei-Wusu

previous analysis didn't go as planned so we are switching to a more bigger timeframe to see the key points of the waves. we are buying btcusd with stop loss at 20k. this 20k is a very key price to take note of as wave (1) , also the same as 2017 high . according to elliott wave principles, wave (4) in green cannot overlap with wave (1) in green(2017 high) . hence...

Osei-Wusu

i was expecting price to hit the lower boundary of the descending channel to complete wave c however the mid line of the channel seem to show some rejections so we buy btcusd with sl at around 32k