The 5 wave count to 6200 is a bit optimistic, it could also just fail at 5900. It's good that it's testing the top of the range and printing somewhat high volume but overall I am still expecting an attempt to tag the 4400 area is still in the works.
This movement has enough shape to it that we can finally start making approximations of elliot wave counts since the flat zone was too choppy to do anything meaningful. Probably by the end of the day there should be at least one firm count that can be used to project fib extensions on paths that take us out of the range.
This movement has enough shape to it that we can finally start making approximations of elliot wave counts since the flat zone was too choppy to do anything meaningful. Probably by the end of the day there should be at least one firm count that can be used to project fib extensions on paths that take us out of the range.
Nota
I have a script that probably going to fire a long signal pretty soon which would indicate what looks like the A point. I might trade the AB leg long but it will obviously just be a small size scalp since there's probably not much to get.Nota
Have a bnb futures long at 11.89 with break even stop, will take half off at 12.246 and let the rest run to the EOD. I'm not expecting much more from this move but if it wants to blow up a little bit more I'm fine with that.Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.