chessnut gave me a heads up to EJ current state
After TA i really like the completion of the B wave with an ABC ZZ on a higher degree as we build for the C leg down
We have fib confluence on A leg = C leg on the zig zag of lower degree and Wave 1 = Wave 5 on the impluse (c) leg having eqaulity
Wave B looks to reatrace A (higherdegree) @ aprox 707 another good fib
Also nice dibergance on the final leg w5 (c) leg ;)
Ill get short 2 position and look for a rolling stop on the 2nd
Lets see if the EU has any steam left in it but i see EU setting up for a W5 on a few of the pairs
After TA i really like the completion of the B wave with an ABC ZZ on a higher degree as we build for the C leg down
We have fib confluence on A leg = C leg on the zig zag of lower degree and Wave 1 = Wave 5 on the impluse (c) leg having eqaulity
Wave B looks to reatrace A (higherdegree) @ aprox 707 another good fib
Also nice dibergance on the final leg w5 (c) leg ;)
Ill get short 2 position and look for a rolling stop on the 2nd
Lets see if the EU has any steam left in it but i see EU setting up for a W5 on a few of the pairs
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.