MohamedMagdy

MohamedMagdy

Sell within the channel

MohamedMagdy

Bearish Elliot Wave 4

MohamedMagdy

Long term sell

MohamedMagdy

wait for the breakout up of the corrective structure or down within it to form the last bearish wave E

MohamedMagdy

Wait for the close of the current candle below the SL red line Then wait for a reversal in the price action by a specific reversal candlestick pattern The current bullish move is supposed to be just a correction , just wait the correction to be formed then trade its break down SELL THE BREAKOUT DOWN TO THE TARGET

MohamedMagdy Updated 

Sell on breakout

MohamedMagdy

Sell to the targets

MohamedMagdy

Buy on breakout

MohamedMagdy

Sell

MohamedMagdy

Elliot Corrective Wave 4 is forming , you can trade the break down of the red line to the target of wave 4 then go long

MohamedMagdy

Wait for the breakout then sell

MohamedMagdy Updated 

you still can trade the breakout up

MohamedMagdy Updated 

We have an Inverse AB=CD Pattern which is equal in lengths , while the CD Leg is formed within 6 days more than the AB leg , It is kind of an ideal pattern formation i think which suggesting a strong bullish move From Elliot Wave Analysis also , we are currently in the bullish correction phase The price action is currently at the support of a strong up channel...

MohamedMagdy

Short the final bearish fifth wave after falling below 1.43870

MohamedMagdy

Sell the break down to the shown target Overall medium term direction is bearish

MohamedMagdy Updated 

Sell the breakout with caution

MohamedMagdy

Sell Breakout

MohamedMagdy

buy the breakout