lady_luck

lady_luck

waiting for a full candle break above the orange TL to enter, ideally followed by a retest, the blue line should then act as support and first target in black SL at a break below the purple dotted TL or if PA crosses back the black targets Follow up resistance and upside target in red

lady_luck

IOTAUSD has no overlap between wave and prefect ratio in between every corrective subwave PA here seems a little ahead of other alt/usd and has already broken below the bottom of wave 3 The intersection of the purple line (long term support from july15th and november 2nd lows) and my orange target is a great long entry I personally won't short this last subwave...

lady_luck

Very tight entry and SL

lady_luck

I highlighted it with a circle, there was two rejection of the trendline/neckline, followed by a double bottom There is a huge similitude with the current price development and it's frequent to see pattern reproducing themselves at different scales The declining volume of the second trough and it's rounded shape seemed to first indicate the hesitation of sellers...

lady_luck

dashed purple trendline is significant On a break above the descending purple one, first target in orange, and follow up hypothetical move describe by the arrows

lady_luck

Target for a break of the bottom purple tl

lady_luck

intermediary target in pink estimated trend channel in purple, using only the bottom line for re-entry/ add to position, likely to break the upper trend line so won't short the top

lady_luck

wait for the golden line as an entry closer to the blue support line, with a tighter SL in green underneath a break above the purple line would be an other entry first target in pink at 0.84 second in green at 0.086

lady_luck

watching closely the purple support TL for a break, and the green line for a SL, I won't short until PA either crosses twice the golden target above or break that purple line.

lady_luck

Target in gold from yesterday got hit, expecting a correction to the pink target above. Ideally PA would go in between the top pink and green, then back down through it. From here would enter a new short. Or if PA break the bottom purple TL. Also hard to say until it actually get there, but a close of a full hourly candle above the top green line could be a long entry.

lady_luck

waiting for a full candle to confirm that break, if so, targets are in pink, SL in green

lady_luck

going up from here, targets in pink

lady_luck

Pretty narrow range, depending where the break occurs, easy to have a thight SL in either direction. Target are in pink under and green above (@11114, might need to zoom out to see that one better) i believe there is a bit more chances pink come first,

lady_luck

Primary targets in green, as long as purple line hold

lady_luck

Previous target, now in pink reach dotted purple trend line still intact expecting reversal to first green target and 0.00025 likely next

lady_luck

as long as 0.08229 hold, 0.09 and 0.095 are still valid target entry when PA crosses back the green line to pink target first if 0.08229 breaks (or the rising doted trend line) target is in dash green

lady_luck

Pink target met, watch for the purple trend line with a high slope to break, new entry at the green target underneath. watch dotted purple line for stop loss dotted green target if this one break Otherwise next target up in green

lady_luck

From a EW perspective this could be an ugly looking wave b triangle So watch carefully the purple line at the bottom to place a SL Otherwise first TL from downtrend broken and retested as support Subsequent upside targets in green