The count looked very weird with a diagonal. The fifth wave woulve been very deep. I knew something was fishy, so i found alternate possibilities. Every time you think something is up, question yourself. Now I got in at the 618 and ill target a 5- wave C short squeeze. Bears watch out!
Last one was weird, i wasnt exactly sure what to make of the break of channel, but after counting, i realized that wave was probably impulse. Therefore we can expect another wave down for the fifth. Based on fib wave ratios, I expect this fifth wave to travel to the Green Box drawn on the chart. I would not short this as the last wave couldve very well been a...
Fourth Wave fits. next stop fifth wave. then we can have our second, where the dollar will go down!
A clear impulse and corrective structure identified on GBP I will risk 1% on the catch, and remaining 1% move on a clear 1-2 off the low. This might not play out as expected so I will wait for a clear, aggressive ,trend changing impulse to risk my second 1%
low risk - med prob - decentreward' based on NZD going up against USD in short run, and USD going up against CHF in short run for fifth. means we can play a sharp move NZD should go up against CHF. this raises the possibility of a diagonal.
An expanding diagonal, with divergences leads me to believe this is the fourth we are in, we can target upward and catch that spot.
Updated count. incomplete wave 3 i believe.
Expecting 3 wave dollar drop, looking to play in Cad.
Here is the first wave of the S&P, which will be followed by a retrace now.
Ready to buy this one, hedge a bit against my dollar shorts.
i expect this based on fibonnaci levels and support/resistance
i entered early i just knew its up.. bcus it coulda dont an extended fifth.. just stop deluding yourself with those extended fifth diagonals man gn friends
ill buuy some for holding heer also buying ada at the fourth ">'