Just an Idea for testing

27 Oca 2017

This is not a trade call it is simply an idea.
This looks like a diagonal - which should comprise of 5 waves each containing 3 waves.
If my analysis is correct then price should go long (as indicated)
If it is a diagonal there should be a nice short once it breaks out - that is the trade I'll look for.

If it breaks out short without completing the structure - I'll look for a flag to get short.

Lets see what happens
Ideas welcome
Steve

27 Oca 2017

Not

On the 240 chart we have a better view of the "diagonal"

27 Oca 2017

Not

We don't know where C will finish