Short-Term.....Swing Trade (Set-Ups)

[MAXO]

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

[MAXO]

Originally Posted by byran

Hi

For G/U are we at wave c of B moving up right now? Can wave C be an ABC-X-ABC structure coz that is what I see right now. For a (of B) = c (of B) I have 100% at 2.0588 127% at 2.0780.

Hi byran wave c is never corrective it should be 5 wave impulse or diagonal triangle.

[ronnimar]

in order this trade to be taken ?! we have to assume 2 assumptions !!
1) that the wave count is correct !!
2)that w:c will be equal to w:a in length !!
assuming that the answer is............. yes
we enter short on the spot s/l is 1.1772 which is 66 pips up.
the t/p is 1.1552 154 pips down.
the r/r is 1:2 but in a case the correction will be deeper
lets say 61% then the profit will be 280 pips !!
thr r/r will be then 1:4
a lot of assumptions.

[byran]

Originally Posted by O

Hi byran wave c is never corrective it should be 5 wave impulse or diagonal triangle.

Ya never heard of that (wave c being corrective).
But I can't make out what is happpening with cable right now ...

[ronnimar]

gbp-jpy 1h wave count.

[byran]

possible g/u count?

[MAXO]

Hi guys
The next cable's target is 2.0586 IMO.

[ronnimar]

follow up post 1493: