NIKKEI Long - Wave v - Elliott Wave
Updated
Today's price action, wave v does not seem to be completed yet.
As SQ is due next week, CALL should win again, big. If this is correct, wave v should be diagonal, 53535. Heading to 32000 area.
❗️This is a short time trade, 7 days max before SQ. I must close position if it breaks and stays below 30773, 78.6%, a typical diagonal retrace %.
As SQ is due next week, CALL should win again, big. If this is correct, wave v should be diagonal, 53535. Heading to 32000 area.
❗️This is a short time trade, 7 days max before SQ. I must close position if it breaks and stays below 30773, 78.6%, a typical diagonal retrace %.
Trade closed: target reached
Future hit 13750, my 1st target, profit taken on the hight of 3rd wave up before 4th wave of diagonal down. But it should stay this high level for the Monday cash market opening in Japan to print this high. Let's see if it create 4th wave, 61.8% or 78.6% retrace before going up further to 32000 area.Trade closed: target reached
Future hit 32000. Down early next week, up hight towards Friday, probably Double Top or just above 32000 as expanding diagonal can not be truncated.Note
Diagonal plan is probably invalid. Impulse move up to end v, (v) and minute iii. 32500 area. Minute iv could be 30800 area.Note
32500 passed... more upwards before SQ this Friday 🔥🇯🇵🔥
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