FTSE (UK100): One more push to complete the bearish Crab...?
The maximum Butterfly (blue) got us to TP1 only (7099)...
The small bat (green) did the job perfectly: TP1 and TP2 (7255-7213)...
Possible Crab (pink) completes around 7450...
Wouldn't this be a lovely level to short...?
Possible to phase in the entry starting right now and adding if it gets up there, I would even consider a third and final entry at 7495, just below the 7500 level...
Stops should at least be above 7500, depends on your strategy and number + level of entries...
Based on the perfect Crab the targets would be as follows:
TP1: 7156
TP2: 6973
The small bat (green) did the job perfectly: TP1 and TP2 (7255-7213)...
Possible Crab (pink) completes around 7450...
Wouldn't this be a lovely level to short...?
Possible to phase in the entry starting right now and adding if it gets up there, I would even consider a third and final entry at 7495, just below the 7500 level...
Stops should at least be above 7500, depends on your strategy and number + level of entries...
Based on the perfect Crab the targets would be as follows:
TP1: 7156
TP2: 6973
הערה:
Because the subwaves are not entirely according to the rules (wave 4 should not go into wave 1 territory (allthough it was a sharp turn) except if it's an ending diagonal...) there is an alternate count which could limit the drop and takes us even higher to complete the full 5 waves...:
הערה:
Here we go! Or at least I think...
Update here:
Update here:
הערה:
TP1!
