KEY makes a textbook retracement. on to the next target?

2018年7月24日

after a textbook set of impulse waves, KEY retraces right to the .786 fib. is it time for a new set of impulse waves?

2018年7月24日

註釋

Let`s hope BTC does not affect this set-up. consider a stoploss under the .786 fib low.

2018年7月26日

註釋

The bounce on the .786 fib was not strong enough but we now see a bounce on the .88 fib. set a stoploss under the recent low to prevent loss when KEY comes further down. we have a chance of starting a new set of impulse waves

2018年7月26日

註釋

It is trying to get above the .786 again, this would be a bullish sign.

2018年7月27日

註釋

Still consolidating between .786 and .618. 1 h RSI indicates it wants to go up but no clear signals...

2018年7月27日

註釋

we almost made another lower low but it held.
it looks like a falling wedge is forming, which is bullish.
if this is the case, i expect this "break out" to fall back on top of the falling wedge again and then go up.

2018年7月27日

註釋

Yes! that was our bounce

2018年7月27日

註釋

we need more volume on the larger timescales for this to continue...

2018年7月27日

註釋

another retest of the break out level on a larger timeframe.

2018年7月28日

註釋

possible decending triangle. the price broke out on the top end.
if it can remain above it this can be our reversal.

2018年7月28日

註釋

2018年7月28日

註釋

the short term idea

2018年7月28日

註釋

2018年7月28日

註釋

if everything works out, only the C wave is left and then up we go again.

2018年7月29日

註釋

as expected. this is the time to rebuy.
set a stoploss just beneath the top of wave 1.