cmc

cmc Updated 

we are still in a correction

cmc

risky but profitable ...

cmc

We wait for a short signal

cmc Updated 

i'm expecting a mini flag( correction) to up for a long confirmation

cmc

this consolidation comes to confirm the south direction of the price

cmc

a long entry pattern ...

cmc

if it remains a simple ABC then it should follow an impulse upwards

cmc

big correction in progress

cmc

if the leg up breaks the top, then after a leg down we will have one up, if not break it is possible to go more down

cmc

waiting for a long signal

cmc

wait the breakout

cmc

near end of correction

cmc

short is limited. We wait for the first long signal

cmc

May be the time of a reversal.I'm waiting for a corrective pattern down (w2) and then wait for the long signal

cmc

If the up movement was an ABC correction, it comes a wave down

cmc

I think Tuesday can wait for the short signal

cmc

the first long signal is the break of the trendline in less time than the wave5 formation: confirming termination of the square impulse the price closes over the previous 4 wave.

cmc

The last wave up was a correction, too many intersections of the waves. There is a downward impulse. That can lead to a trend up of usdjpy ...