Expanding tringle 4 Wavet tartalmaz
I am waiting for some bullish PA to tell me to take a LONG trade. Till then, I am still just waiting....
Unfortunately, I could not post it here. But the reason why I want to mention it now (besides the shameless plug for my service) is that this pair is setting up for some kind of big move soon and waking up out of its' funk.
But first, it must finish off this wave 4 consolidation. The way I have it doing that is to finish this expanding triangle pattern, This is the pattern I presented to my members and issued the trade advice to sell from the leg C for a ride down the leg D. Now that it has done that and we have collected our pips, what I am now looking for is to trade that leg E up to finish the expanding triangle.
Now, there is no guarantee that it will do that and not just take off downwards from here. So in order to take that LONG trade up the leg E, I'll need to see PA confirm that move.
I am waiting for some bullish PA to tell me to take a LONG trade. Till then, I am still just waiting....
Unfortunately, I could not post it here. But the reason why I want to mention it now (besides the shameless plug for my service) is that this pair is setting up for some kind of big move soon and waking up out of its' funk.
But first, it must finish off this wave 4 consolidation. The way I have it doing that is to finish this expanding triangle pattern, This is the pattern I presented to my members and issued the trade advice to sell from the leg C for a ride down the leg D. Now that it has done that and we have collected our pips, what I am now looking for is to trade that leg E up to finish the expanding triangle.
Now, there is no guarantee that it will do that and not just take off downwards from here. So in order to take that LONG trade up the leg E, I'll need to see PA confirm that move.
