The trade have been confirmated in 5m timeframe in a equity zone. The target is also the most ready-witted that I found. Not letting the imagination come to the market :D May pips be with us!
As you can see we have a bearish butterfly and a structure that can be broken soon.
Now we have a possible support turn into a resistance. That means sellers... That means stops... Money! Long if and only if the market starts the bullish path :D
The price shows bearish momentum in a equality area! And also and the best thing: the dashed blue lines mark a ended up 5 elliott waves in 5 minutes timeframe :D
I reckon the price is likely going to complete the full pack of Elliott' waves :D Wait for a little retreacement to the 4 hour resistance and then if you want and by your own risk trade it till the target area.
Look at the chart... No numbers: just persons :P
You know, the price have its own sequence of live :D
Go short if you want and only if the price draw exactly that sequence.
The price is looking for that area in order to accomplish the need of the buyers :D
Hey you guys I'm bringing you a new idea based on the ones that have already lost their money. The first target for this monday is just the 0.88496 but if the market come in the same sequence the price is going to plummet till the 0.85456 I hope you have a nice trade there :D ------ You can easily take a look at it thanks to my new book " The value of your...
I really think that this monday the price will consolidate in what I market as the first and second arrow, and then we will see at the same day how the market reach that landing area. I hope you all earn money :D
The price is likely going to the support zone in order to complete the pack of Elliott waves. Nice trade there!
There's a bearish Black Swan and a bearish Shark ruling the chart (!) Also the price is in a turncoat resistance area and is looking for a new pack of waves to the down. As you can see we are in a possible 2nd wave of the 3th with an awesome complex flat retracement :D