Hi everyone. in previous ideas I told that we will go up. Unfortunately there was no triangle, but anyway price targets were predicted correctly. For now looks perfect: middle of the channel. realised also targets, divs on indicators. But im not sure that correction will be too deep.
To be honest, last years Eurodollar has a very bad chart for analyze. Lots of sideways corrections, and no clear trend. I was looking on big timeframe for a long time. For now I’m having this idea. I’m sure it won’t go down until there will be one move up, but this up move won’t be big :). I will show entry point for short which I will use in the next idea. For...
Last wave C of Z of correction from 3k.
C - impulse wave.
Wave 1 of C - done.
Next targets - wave 2 with test of previous channel, then pull up in 3 wave. I think that end of whole impulse will be somewhere near 8k.
Since September 2018 there was ABC (335) correction on SPX . Now we are in C wave. which was an impulse going down. There was already 1 2 3 and possibly 4 waves made. Waiting for the end of 5 wave and then reversal.
Possible targets for wave C 2339-2269
B = 1.618A
C = 1.618-1.75A