babuk12

babuk12 Updated 

For own study only. Not for trade.

babuk12 Updated 

Waiting for correction if any before go long. Fibo level act as support/resistance

babuk12 Updated 

Go short

babuk12 Updated 

Wait for another up wave before go short. PO @ 1.25720 TP1 @ 1.25250 TP2 @ 1.49230 TP3 @ 1.24720

babuk12 Updated 

PO set as per chart. SL @ dotted blue line.

babuk12

Just watching the market now. Strategy testing.

babuk12 Updated 

Resistance area

babuk12 Updated 

Go long Entry @ 110.100 - 110.200 TP at 112.200 - 112.300

babuk12 Updated 

Downtrend Higher chance to go down to lower support level.

babuk12 Updated 

either break the resistance and go to the higher resistance, or go down to lower support

babuk12

Downtrend.

babuk12

Looks like still in correction. If support is strong, price will retest Feb resistance again. If support failed, correction might be continued to next lower support.

babuk12

A very clear support and resistance line on H1 chart.

babuk12 Updated 

Prefer to go short to test previous support at about 23.6% Fibo TP1 at 0.7670 If break the 23.6%, go to 38.2% TP2 at approximately 0.7640 Third target at approximately near 50%, where the previous resistance on 7 Mar 2017 located. TP3 at 0.7614

babuk12

Expect price to go for correction anytime soon, looks like it still in Wave 5. Looking to go short for correction wave. Any comments and advise are welcome here.

babuk12 Updated 

Looks like correction is about to start soon. Price currently located in historical resistance zone, 8 December 2016, 24 January 2017, and 31 Jan until 3 Feb. Wait for reversal signal in lower timeframe

babuk12 Updated 

Price will test R2, if R2 fail, it will go up to R3. If not, price will go down to R1. Trading idea is to sell at R2. We wait and see. Based on my own analysis.

babuk12

Price will go up to test R2. Will either go up to R3 if R2 failed, or go down to R1.