Today I was looking this cross and come to me an Idea.
The price come from a long trend and after a short ...... short trend.
And today ?
If I look the points from Y to 2 ..... 2 is upper.
If I look the points from X to 1 ......1 is upper
This is the first thing for to say that the trend changed.
If I throw Fibonacci from 1 to the point 2 I have a retrace of 50%
May I say the first wave ?
If I read the points 3 and 4 and 5 may I say the second wave ?
If I throw Fibonacci from the point 1 to the point 4, the retrace is 61.8
mmmm........ 61.8%. The aurum number.
I think that the price Monday will go up and only if I see a good signal ( Hammer ) on the graphic H4 ......
I will go ......... LONG.
We will speak Monday a new time .
By Ulisse from Thailand with love
The price come from a long trend and after a short ...... short trend.
And today ?
If I look the points from Y to 2 ..... 2 is upper.
If I look the points from X to 1 ......1 is upper
This is the first thing for to say that the trend changed.
If I throw Fibonacci from 1 to the point 2 I have a retrace of 50%
May I say the first wave ?
If I read the points 3 and 4 and 5 may I say the second wave ?
If I throw Fibonacci from the point 1 to the point 4, the retrace is 61.8
mmmm........ 61.8%. The aurum number.
I think that the price Monday will go up and only if I see a good signal ( Hammer ) on the graphic H4 ......
I will go ......... LONG.
We will speak Monday a new time .
By Ulisse from Thailand with love