I can not be yet sure if the bearish impulse has begun or not.
So I made 2 scenarios.
Last Thursday's high(1755) and low(1719) are very important high and low.
Last Thursday's high(1755)...Daily5 or DailyA
Last Thursday's low(1719)...Daily1 or DailyB
Scenario1) Bearish
If 1755 is Daily5, 1719 is DailyA,
Strong bearish 5 waves would come
Scenario2) Bullish
If 1755 is DailyA, 1719 is DailyB,
Strong bullish 5 waves would come
Anyway, the price is hovering, it's the sign of explosion.
I'd trade after either the pink resistance or support line is broken.
What is EXPLOSION?
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
So I made 2 scenarios.
Last Thursday's high(1755) and low(1719) are very important high and low.
Last Thursday's high(1755)...Daily5 or DailyA
Last Thursday's low(1719)...Daily1 or DailyB
Scenario1) Bearish
If 1755 is Daily5, 1719 is DailyA,
Strong bearish 5 waves would come
Scenario2) Bullish
If 1755 is DailyA, 1719 is DailyB,
Strong bullish 5 waves would come
Anyway, the price is hovering, it's the sign of explosion.
I'd trade after either the pink resistance or support line is broken.
What is EXPLOSION?
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
