jpinillafx98

jpinillafx98

WAITING FOR A BREAK AND A RETEST OF THE HEAD AND SHOULDER PATTERN

jpinillafx98

AFTER COMPLETING THE FIFTH WAVE OF A SECOND WAVE IN A DOWN TREND, WE ARE LOOKING FOR THE THIRD WAVE OF THE DOWN TREND, EXPECTING IT TO GO TO 1260´s. ALSO WE CAN SEE A HEAD AND SHOULDERS PATTERN IN A BIGGER TIME FRAME.

jpinillafx98

retracement to the 50 fib

jpinillafx98

RETEST OF A BROKEN TREND LINE AND ALSO TOUCH OF A BULLISH TREND LINE DIVERGENCE IN THE 1H TIMEFRAME

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PA ABAJO

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Making a ABC correction.

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GOING BACK DOWN TO 1.81000

jpinillafx98

RETEST OF BROKEN NECK LINE AND TOUCH OF 38% FIBONACCI LEVEL TO MAKE THE FIFTH ELLIOT WAVE.

jpinillafx98

completed elliot wave #3, looking for the 50% fibonacci, and a trend line touch to jump in a buy position. Take profit would be in -27.00%, if it brakes that level we are going to look for the -61.80% to take profit.

jpinillafx98

Third touch in a bullish trend line, entry on 61.8 fib or 71 fib, take profit and end of the 5th wave in -27.00%.