


Pin_Point_Signal_Service
On Daily Chart we can see Wave analysis with motive/impulse waves and corrections. Currently we are in corrective ABC zig-zag structure and we should excpect for price to reach daily trend line.
On the chart we can see bullish Symmetrical triangle and possibility for one more down move to E point and break out to the up or break out to the upside and trend continuation
On the chart we can see 5 impulse wave completion. All Wave rules are met (wave 3 can never be the shortest wave, wave 5 is equal as wave 1) except wave 4 which did overlapped wave 1. Now we should see corection zigzag, flat or triangle.
I am expecting price to finish a-b-c-d-e move and break to the down side.
If the price breaks the structure to the down side I will go short.
RSI showing hidden divergnece
Short at 50% retracement of impulse leg
I am expecting for price to go down to 161.8 extension and 61.8 fibonacci retracement and bounce back up for impulse wave
I just started testing Wave strategy so probably I am doing something wrong This is just an assumption