Reason for LONG
Saw rejection for EMA (7) buyers in control.
Trading crossing EMA (7) to (8)
HA in Daily chart Green (4 bars)
Elliot #3b (in 4H)
Saw rejection for EMA (7) buyers in control.
Trading crossing EMA (7) to (8)
HA in Daily chart Green (4 bars)
Elliot #3b (in 4H)
Commentaire:
The price has broken the ascending trend channel; await price to tell more direction before making any objective position.
Await EMA (1) for trigger. LONG
Await EMA (1) for trigger. LONG
2) when the Daily HA turns GREEN
3) Elliot wave Daily #3B has appeared.
At the point of writing Monday 17062018
1) Daily HA just turned RED; price is the SHORT bias now.
2) At this moment; monitor 4H HA for LONG
Siting on hands for LONG trade