Hi guys,
Update of this post :
Same target as precedent leading scenario A :
Same target as precedent scenario C :
Target : 2-3K
Pattern :ABCDE correction
Factor of validity : staying in the bearish spectrum. MACD 1D centerline crossover.
Opinion : probable
Comments : MACD 1D center line crossover expecting a symmetrical repoduction of a short segment
Chart :
On the scenario C you can have different method drawing your trend line, giving the chart conflictual data in regard of the bearish count. The trend line i draw here maybe a little bit different than the past scenario C post but its still valid.
Take care,
Simon
Update of this post :
Same target as precedent leading scenario A :
- Target : 17.5k (or so)
- Pattern : inverted SHS
- Factor of validation : rise in volume at RS = confirmation
- Opinion : probable
- Comments : i think we can forgot the 12345 wave count and focus more on pattern recognition. An inverted SHS and measuring the H with the neck line provide the same target as precedent projection. This scenario focus on the symmetrical reproduction of the MACD 1D on a larger segment. The RS need volume confirmation to confirm the projected target.
- Chart : original post
Same target as precedent scenario C :
Target : 2-3K
Pattern :ABCDE correction
Factor of validity : staying in the bearish spectrum. MACD 1D centerline crossover.
Opinion : probable
Comments : MACD 1D center line crossover expecting a symmetrical repoduction of a short segment
Chart :
On the scenario C you can have different method drawing your trend line, giving the chart conflictual data in regard of the bearish count. The trend line i draw here maybe a little bit different than the past scenario C post but its still valid.
Take care,
Simon
تعليق:
Fibonacci variant of scenario C :
تم فتح الصفقة:
Short update:
MACD 1D centerline crossover indicate a bearish signal. The duration will depend on the strenght of the trend :
If MA 200 (purple line) :
-Hold
Target 1 : 10.1k
-Doesnt hold
Target 1 : 7.7k
Target 2 :6.85k
My strategy
-Stop loss at 8.9k
MACD 1D centerline crossover indicate a bearish signal. The duration will depend on the strenght of the trend :
If MA 200 (purple line) :
-Hold
Target 1 : 10.1k
-Doesnt hold
Target 1 : 7.7k
Target 2 :6.85k
My strategy
-Stop loss at 8.9k
أغلقت الصفقة: تم الوصول لوقف الخسارة:
Stop loss reached. follow the new strategy post.