Chase the C leg of ongoing pullback. Its almost always a 5 wave count.
Exit at wave (4) : 11100...11750
Target for wave (5) : 8700
P.S. : Beware that rest of the exchange charts are a little lower than Kraken.
Exit at wave (4) : 11100...11750
Target for wave (5) : 8700
P.S. : Beware that rest of the exchange charts are a little lower than Kraken.
Bình luận:
Several unsuccessful attempts to break C leg. Its safe as long as H4 closes below 11832 (0.5 fib). Swing trade options start above that.
Bình luận:
Stall on pivot line. As leg (4) swinged higher to (0.382 fib) upcoming leg can be lower than mentioned above.
Bình luận:
Bulls are tired and unreliable. Risk/Reward is to high.
Bình luận:
Bình luận:
TP @ 11650 --- Profit +1%
Too many resistances to tackle with, recent lower leg is damaged but still bearish.
Too many resistances to tackle with, recent lower leg is damaged but still bearish.
Bình luận:
Bears won for this leg.
Wave (5) will be studied again as wave (3) is over-swinged.