GC is flatting between levels 1324.4 - 1318.9. And this levels are POC of last days. We can sell or buy GC on border of flat: sell1 - 1324.4 stop1 - 1327.2 target1 - 1318.9 buy2 - 1318.9 stop2 - 1316.3 target2 - 1324.4
EURUSD has ended flat wave, at wave C subdivided by diagonal ending 3-3-3-3-3. confirm buy when it has broken through entry level at 1.2294. This analysis is valid as long as the price is not breakout on invalidation or stop level 1.2211. bullish after this flat wave will form the 5th wave of the impulsive wave, this possibility is the last rising swing from EURUSD.
I feel so stupid considering I had perfect buy entry earlier, and also because I fel like I never took the time to properly look at this as a whole. It is possible it produces a nice sell setup, but considering everything I would at least expect it to hit that 618/equal length, possibly much more. EA told us exactly what it was doing, I was just to busy looking at...
If it is indeed a normal flat correction, legs a and b have already been completed and we'll be looking to catch the final leg, leg c of the sequence. Pair is showing signs of weakness at the top as well as bearish divergence on the Daily timeframe. My personal details: Short @ Entry: 1.5340, SL: 1.5440, TP: 1.4820, RR: 5.2 For risk and money management...
Could be pink wave C of (C) of a Triangle or green wave 3-4-5 of (C) of a Flat both cases suggest further downside potential
Big concentration of volume at 0.092 to 0.090. Neutral market reaction, low volume, everyone watching BTC move, and all will be depend how big PAPA will do. Resistance at 0.095 is 1st control break point, once price will settle above that level, next storm can see at 0.1>. Price will hesitate betwen levels, and more probable scenario is down break, to release...
Just a simple correction with a bigger expansion for the C wave. Let's see if the upside works out!
just a mark up of the Wave count.. look for short term weakness on the Dollar. and trade against it by buying other instruments. GU up EU up AU up BTCUSD up USDJPY down USDCHF down
This structure is developing nicely. If the first wave up is an impulse than i'm expecting price to correct in 3 or 5 waves before getting the next impulse. Every time it comes to the low im looking to accumulate more with a SL at zero. Thanks for looking. Trade responsibly!
There is only one way - up. You can place your buy orders above the flat or buy now and your stop-loss will be miniature. Don't be afraid of the about-to-cross-down MACD. It is going to bounce off.
Hi Followers, happy New Year together... I see a good shortsetup on EURUSD. But wait till the last Wave 5 end and the short bar is finished! Then the Count should be right. Good trade.
Traders, Natural Gas has bounced from $1.574 since 03.10.2016 and developed into a five-wave sequence terminating at $3.846 exactly where fib price measurements were converging, highlighting the end of the impulsive wave. Measuring the internal waves of this sequence, it turns out that its fifth wave is extended. That can be confirmed even from the ensuing (a) –...
Last move will complete the abc expanded flat, close to 78.6 fib area. Under these conditions, bearish momentum will build up and could potentially drive price impulsively to 0.67 area. Simultaneously, two bearish harmonic patterns will be completed.
The pair is currently still correcting and we could get one more strong move to the upside. Bear in mind though that in the bigger picture (Monthly chart - which i will post as an update) we are still within a Zig-Zag correction (wave 4 to be exact) therefore I would be very cautious and lock in profits as soon as possible. Note how leg C looks like it's...
Looking to complete the B Wave of a Flat Pattern on the Weekly
If we are still in the middle of green wave b, there is a sub wave c to catch If however the pink a-b-c is the end of entire correction, the potential decline would be one degree higher Also note: pink wave b may not be a FLAT (sub wave {B} retraced less than 80% of sub wave {A}) nor a ZIGZAG (sub wave {C} did not exceed the end of sub wave {A}). Therefore...
To make the breakout and reach such an ambitious target price must occur: 1) The volume should grow as the rise before entering the channel or similar 2) What I pointed out both in the MACD and in the RSI The pattern called FLAT BASE was formed A flat base is basically an over extended flag trading in a neutral range on low volume. These patterns have one of the...
BTG has been downtrending for quite a while now and has completed its 3-3-5 flat ABC correction. The correction also formed a bullish falling wedge, accompanied by falling volume indicating falling selling pressure. We had a very strong bounce on Dec 7 of the support line of the falling wedge, possibly setting up for wave 3. According to Elliott Wave rules, wave...