The show started after the 5 waves up sequences completed. Am looking for at least 50% region for the test, strong move below will suggest the entire move up is part of a corrective wave C instead. KIV
Could this huge drop a "mini" wave 2? Possible and the risk reward is huge for going longs Good luck if we are indeed seeing the mother of all waves coming
Expecting another leg higher to complete the 5 wave sequences before turning lower Work in progress
Price may still be inside a complex correction and hence further upside not rule out yet Another spike up after the correction will confirm a 5 wave up
Next week new high could be a good opportunity for short term short However, it is safer to look for good longs when retracement comes
Work in progress, will like to see a correction towards 50-70% region before the next push higher Short for the short term, long for the long term Good luck
Working in progress, touch some longs and waiting for confirmation
I am more on the bearish side as when people panic, usd and yen are the usual party to gain Hope this is the scenario as it will aid my gbpjpy shorts, where i may hold till new low
Seems like the alternate view may not be coming and we are on the original path to the downside As posted before the top and reversal, covid does play a part in this move down Until we see a strong bounce, price can still keep on melting down till it reach the stated region Good luck
Is this an ending diagonal wave C? A strong reversal may be a good hint, until then, this can still go down and break the pattern
There is another possible count where the entire move down is a big wxy and we are going to see another push up back to the top before lower Am cautious about it
Price closing below 143.5 should confirm the continuation lower Looking forward to riding the waves down
Is the clearance of stops done or much higher? if it is indeed going down, mr market is doing a good job at stopping out those shorts and dragging bulls into the longs Good luck
Is the long term wave e done? If so we should see a strong rejection by the bears follow by a strong reversal down Perhaps Covid-19 effect finally kick in? Or mr market stop out those shorts and pull in those longs as they always do? We shall find out a few months later. Personally believe the entire move down will complete when Covid is clear. Good luck
Price still going sideways and it may be a while(more complex) before it resumes down
long term bearish count updated possible more corrective move upside before lower will want to fade those moves up, good luck