GBPUSD, Elliot Corrective Wave Expectations
1. In a 4 Hour chart, as we can see theres a perfect Elliot Impulsive waves.
After 5th impulsive waves, there must be an ABC Wave Correction.
so, here im tryin to figure out Where is B and C area.
SELL
TP @ 1.33500
BUY LIMIT
- 1.33450
- 1.33160
TP at expected C area
- 1.33450
(expected B Are between 61.8 - 78.6 Fibonacci level) and (expected C are fibonacci level Swing High from A to expected B point)
2. and There is Inverse Head And Shoulders pattern.
so theres is 2 posibilities for Cable.
STOP LOSS IS A MUST, Put somewhere based on your risk management system.
After 5th impulsive waves, there must be an ABC Wave Correction.
so, here im tryin to figure out Where is B and C area.
SELL
TP @ 1.33500
BUY LIMIT
- 1.33450
- 1.33160
TP at expected C area
- 1.33450
(expected B Are between 61.8 - 78.6 Fibonacci level) and (expected C are fibonacci level Swing High from A to expected B point)
2. and There is Inverse Head And Shoulders pattern.
so theres is 2 posibilities for Cable.
STOP LOSS IS A MUST, Put somewhere based on your risk management system.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.