butchp
@t_butchp
What symbols does the trader recommend buying?
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butchp
Previously I was checking if it was bearish, but now it looks more like the it completed ABC corrrective move. I this case, I will go bullish.Please le me know what you guys think.
butchp
This wave dienst exceed the 50% and dienst goes into zone of wave 1.This might be also Smaller entry for wave 5.It came into wave1 zone. Makes the Idea invalid. - maybe the A B C correction has already been completed. - If so, might be more bullish. I opened a buy position to 2690
butchp
This last wave retace to 61.8% and is still respecting the zone of wave (1). If this wave come into the zone of wave 1/2, than this idea is invalid. Now in this case I still belive it is wave4 and going into wave 5. I am causious: my take profit is therefore not crazy, and I will take it on around 2600, for more cautions TP: 2624
butchp
- Smaller time frame bearish- 4h and daily still bullish. Let's see whether this is a valid idea. If the minorwave 5 down trend surpassed 2600. Idea is invalid. - Target shorterm 2605If minorwave 5 is above 2600, we will get back to major wave 5.- Target midterm 1st 2605 than 2640Aparently we were still in Wave 3 - At this moment we can go into Wave 5. Shorterm bearish has been invalig.
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