HERE'S A SIMPLE ANALISIS THAT COULD TURN INTO PROFITS! I AM LOOKING FOR THE BRAKE OF THE TRENDLINE AND THE HORIZONTAL LEVEL. ONCE IT BREAKS I WILL PLACE A BUY LIMIT ORDER IN THE BROKEN BLUE HORIZONTAL LEVEL.
TELL ME WHAT YOU THINK!
CARLOS
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AS YOU SEE THE TRENDLINE HAS BEEN BROKEN AS PLANNED!
NOW THAT THIS HAS HAPPENED I PLACED A BUY LIMIT ORDER AS IT IS REPRESENTED IN THE ANALISIS!
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ORDER ACTIVATED!! LET'S SEE IF THE MARKET GOES AS PLANNED AND GOES UP TREND FOR PROFITS!
Why do you think now? Im larning about elliott waves. I want to know if you would change now, something of this form of analysis and why?
ccerezo11
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@AXC7, This was a too simple analysis. Was looking for a simple breakout, and you gotta look at more things in the rest of the chart and higher timeframes.