buy stop 1.3030 stop loss 1.2950
Critical level of downward grey wave is broken. It means price starts to rise is blue wave.
_________________________________ TW - triangle wave. DMR - decision making price range. Var - variant, scenario Alt. - alternative SL - stop loss TP - take profit _________________________________ We DO NOT actually know if brown 2.1 marker is already in place or not. From this come two variants of further structure development. Have a look at Weekly chart. Basic...
_________________________________ TW - triangle wave. DMR - decision making price range. Var - variant, scenario Alt. - alternative SL - stop loss TP - take profit _________________________________ Past week price reached a number of DMR which formed by TWs of high levels. This fact made alternative wave counting quite strong to start trading it along with basic...
Upper grey marker is broken. Thus, price is forming rising grey wave at least an we have an opportunity to trade green wave in long
Internal structure of 1.1-2.1 grey line provides sufficient ground to determine grey marker 1.1 as placed at 1.1420, Thus, we have completed buy stop setup trade grey wave in long.
As grey wave has got available to trade long we have an opportunity to work with green wave. We have setup for buy stop with entry at the level of green 2.1 marker.
While green wave at M15 is available to trade we are completing buy stop setup for brown wave at M5. Orders parameters are placed at screenshot.
Green wave at M15 is not available to trade long while brown wave at M5 is cmpleting buy stop setap parameters of which are depicted at screenshot
At the same time we have to trade an alternative scenario according which currently price is forming grey wave corrective rise. We can't trade green wave in long but may do that for brown wave at M5 with very close TP
Setup for long position at M5.
By this post I'm launching a life trading online proccess not for my clients only but for all followers and Tradingview community. The reason is based on my confidence in affirmation that charts without trading decisions are not more but just multicolored pictures. As well as clicking "buy" and "sell" buttons with no trading system maitenance is just fortune...