H4 I'm looking for the completion of wave C up (see my EURUSD H4 Expanding Flat C up idea)
H1 I'm looking at it as simple ABC at this stage, There's no confirmation internal C down is over and can push lower. The correction could become more complex so wait for confirmation of more upside to come before taking the buy for the C wave up.
If you don't get a buy setup before the invalidation point get's broken stay out of it and wait for the next setup!
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EURUSD H4 Expanding Flat C up idea, Checkout the Idea detail's and update's for the complete picture. Thank's
Komen
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M15 we have impulse up, Look for bullish flag to form against the invalidation point, then take the break.
Komen
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Komen
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Corrective structure become more complex, SL hit.
Look to buy bullish flag's against the invalidation point.
Komen
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Last update price broke the M5 invalidation point without giving a buy setup. H1 B wave structure has changed from simple ABC down to more complex structure. Need to see price breakout of the structure, give bullish flag before attempting to enter the market.
Komen
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EU H1 B wave structure I now think were getting running flat instead of the wxyxz. If the running flat in wave B play's out then we know were only going to get the C up as a correction and larger impulse will be to the downside. This is good to know what to expect when buying for the C up. The C up is now for the more experienced trader and I will update as price play's out in the B wave. Patience is needed for the larger impulse to the downside which is the trade we don't want to miss!
Could u put out a youtube beginners video on how to analyse?