15 minutes cahrt : after 5 waves up we started correction ab and we still in c wave of a ZZ , assuming its a single ZZ , correction should break down a wave and psossible hit the yellow area , once price move out the channel Im expecting a strong move up .
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trading below wave a now :
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46.44
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1h analysis :47.72$ was a great area for profit taking while correcting now for wave 4 wich is expected to be sideway down then up for wave 5 .
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Parabolica
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Thanks!
hussain9
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u r welcome . most of elliott wave traders are out in 3rd wave .
Parabolica
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I took the breakout though 45.40 ("i" on your chart)
Parabolica
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following your updates!
Parabolica
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Shukran, are you going to short 2 or is your recommendation relating to 3?
By the way, I assent to your ABC-correctiion and 1through5 analysis in relation to C.
hussain9
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you are welcome , my chart is for the possible impulsive wave that target the top of B wave , many senariose can happen . traders can TARGET any wave they want either 3 or 5 . To short wave 2 down or to stay depends on the amount of your money and leverage , me im trading 15 minutes with high leverage : [img]http://e.top4top.net/p_245j6rl1.png[/img]
Parabolica
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Thank you, once more, impressive account! :) Hayr inshAllah