Buy after breakout

1 Tem 2018

It seems that AUDCAD has formed a potential bullish structure:

• Wave (1) or (A) is a 5-waves impulse
  
• subsequent Wave (2) or (B) is a 3-waves corrective 'flat' and it has retraced approx. 61.8% of wave (1) or (A) that is also near the end of sub wave 4 of (1) or (A)
  

If the above assumption is correct, a push above 0.97899 could be an early indication that wave (3) or (C) is under way

3 Tem 2018

Not

we could count a bullish impulse on 15 mins chart
close above 0.97429 would suggest another impulsive rally is under way

3 Tem 2018

Not

6 Tem 2018

Not

but signal from Guppy-EMA

6 Tem 2018

İşlem aktif

10 Tem 2018

Not

raised my stop to breakeven
let's wait for Guppy-EMA's bullish confirmation on 4 hours chart

11 Tem 2018

İşlem kapandı: durdurma seviyesi

11 Tem 2018

Not

no confirmation from Guyyp-EMAs on 4 hours chart, could be more complex wave (2) or (B)

11 Tem 2018

Not

11 Tem 2018

Not

31 Tem 2018

Not

if the above count is correct, we should see a motive wave(either impulse or diagonal) rising from the recent bottom