In the weekly chart below, I waiting for the confirmation for wave 4 end. Once end of wave 4 is there, my SELL trades are ready to jump.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQ83NGvIEkht2koNZhP12_UpUmThiDph7RMFyUJXLxoGFE_DZ8HPn3yQ8xIbMa3NCA5Pzmf5tbbh686E47e1V2UerkhRe4k4b0dsPYja3XQBovLwGZG3gu22iWHs2T33s2PDTwr2L9t-Q/s800/gbpusd+weekly.gif)
The date in the chart is wrong, please ignore it. I have forgotten to edit it.
In the below chart, I draw the dotted trend line from wave 4 to wave a. If the market breaks this dotted trend lines, i will take short trade for wave c target.
I had difficulties in counting EW for below chart.. But managed to come up with this count. its the only count that match with this complex movement..
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhik63GFR7mrTFOQbv5-z-ei-3Vj-VUHRKUox_B75Ea_fGI1VPWb-GAKJ_6BFyeuQgB4wYm7sfHQQ6rhWQbyAL9Qc3Sj1gQspV_DnUVW9FCCQUfGwK4wgkyRK2S1ZeM91BjxveFmz3Y-w4/s800/gbpusd+h4.gif)
0 comments:
Post a Comment