Tieusoros

.....................

EU-09/11/2015

4:52 PM |

-CONTEXT:  After a very strong bear down the market sideway in very small range like a triagle . Elliott wave maybe wave 4 so maybe today continue a bear day but maybe bounce soon 

Bar 29: good signal bar after test upper channel of triagle , it is always a push 3rd so short below bar 29.
Bar 47: bull break the upper channel of the triagle and make HH so it could be wave C of 4  . This signal bar is  in push 2rd from bar 36 in a weak bull trend so cannot short for only one reason, counter need strong signal .  
Bar 53: small double TOP, bear bar with long tail upper but overlap with previous bar  , not clearly a push 3rd from bar 36 so still wait .
Bar 57: small bear bar after long bull bar ( buy climaxe ), it is also the 3rd push from bar 36 but it is still bull trend so if  short below bar 75 trade small and only  for a scalp.   
Bar 62:  a bar with long tail upper not a best reversal signal but it is closed below the midpoint and after hit target C=A , also maybe wave 3 of C from bar 15 so can short small for the correction wave 4 .
Bar 81:  Good signal bar for short , maybe Top of wave b of 4 ,double TOP, but too overlap and widestop if short below so wait
Bar 95:  doji, push 3rd of wave c of 4, double bottom in range, maybe in wave 5 .   Long above bar 95
----------------------------------------------------------------------------------------------------------

Bar 125:  doji with long upper tail at TOP of range make by bar 119, triple TOP,low risk , but still now it is counter so if short below for scalp only
Bar 129:  small bear bar after big bull bar in push 3rd in wave 5 of C  from bar 112, touch strong resistant at Fibo 38.2 of wave 3 ( big wave down) so it is very strong signal to short . Swing short below bar 129.
Bar 153:  the high of bar 129 is not the end of wave C of 4 and the pattern change to WXYXZ . Small bear bar when touch other resistant at FE 161.8% but it is push 2nd from bar 133 ( wave c of Z )so wait the signal in push 3 rd   

0 comments:

Post a Comment