FOMC meeting rate hike 75bps is what market expected, a rally to complete and make a local top?
I think monthly wave 4 is finished here at almost 50% retracement - looks fishy?
For now wave count has changed.
You have to follow rules in this market and rules like HA candle, Trigger line will always work.
Always use stop loss.
The entire rally suggested that weekly green ABC is done.
I will wait for price to fall below previous green candle, or I will need a red candle on Heikinashi chart to start a confirmation of down trend. Till then scalpi opportunities continue.
I think monthly wave 4 is finished here at almost 50% retracement - looks fishy?
For now wave count has changed.
You have to follow rules in this market and rules like HA candle, Trigger line will always work.
Always use stop loss.
The entire rally suggested that weekly green ABC is done.
I will wait for price to fall below previous green candle, or I will need a red candle on Heikinashi chart to start a confirmation of down trend. Till then scalpi opportunities continue.
Catatan
Weekly new count Considering a long wave 1 on monthly as current up move looks like wave 2. It changes overall perspective.
Falcon Trader
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Falcon Trader
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Trading Courses charts-stocks.com
_________________________________
Ask for any script Falcon Wave count by DM
Twitter: @Falcon_Trader_1
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.