I think the flat correction is about to end and we will see an impulse wave to upside soon. I'll be a buyer at the break of correction happening after 2-4 trendline breakout or after break above the wave 4 of Y wave of the flat.
I'm waiting for break out of the trend line for several sell setups.
Actionary 5L impulse ending 0.0151311 is a subdivision A of the ABC continuation of a leg A in a higher degree ABC packed into leg Z in an uber-extreme exsatough mind-melting gigantesque triple zig zag combination. Both green ABC and blue ABC are poised to reach much wider price range than they seem at this time, leaving a room for bear continuation up until...
It is a good time to try flat-trading strategy. Price bounced from Support Line and at the same time from Bollinger Bands. RSI and MACD confirms reversal. The other thing we should take into consideration - DMI indicator, where ADX should be below level 20. We meet all conditions for opening Long position with Targets - MA 20 and Bollinger Band.
this correction pattern is about to end. its a flat type of correction. "STILL" it has room for more upside, maybe for making an ending diagonal. I will be a seller only at a break below wave 4 shown in the chart or if it goes more upside and makes an ending diagonal, I will enter upper on the break of ending diagonal
The last down wave has unfolded as a final leg Y in a regular flat. Meaning eth could be seeking higher tradable levels. Confirmed double three structure logically justifies a rally to 0.028666666
i will be a buyer at 1.38513. a break out of that level is a trigger for long setup to complete C wave of a flat type of correction. and a break below 1.37188 is invalidation level although still (after breakout of that level) there is a little chance for an up wave as a flat correction.
I think the price is a little papillitis in the range of 1.1000-1.0850 in the region of 1.0850 will look for local support for the purpose of Long ~ 1.1000 and stop loss below 1.0850 it is unlikely that will Hold a position with 1.085 to 1.14, as this is a different time frame for which the stop below 1.085 is not appropriate and if the market does not adapt to...
FX:NZDCHF BEARISH GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD Safe Trades; open.spotify.com
After a nice impulsive decline from February highs at 79.39 down to 73.18, NZDJPY has turned higher and has since then been trading slowly and choppy, clearly in a correction, that looks to be a flat pattern. Well, this correction from the end of a five wave drop could be near completion, as price seems to be trading in its third and final leg, wave C. We still...
NZDUSD has reached up to a vital area where it could see it reverse or go up even higher. With a weekly trend line holding it down, a break and retest of this pair may signal its bearish monthly run. A hold of this trendline may see it go down further more
Oil is in the middle of medium term Elliott wave 4 corrective range (flat) pattern. As the wave (a) unfolded in to 3 (abc) pattern it have high probability to be the ranged 3-3-5 pattern with a possible break out up side in the last wave (c) to reach at least Fibonacci retracement level 38.2%. As the previous time periods and Fibonacci time extensions match in...
EURAUD has been bullish since the beginning of December 2015.As bulls have exhausted themselves a little, it gave the bears the opportunity to change the game. A break below 1.53 levels could bring EURAUD into a bearish movement. However a stop at that region may bring the pair back up even higher. Either way, this is a spot to keep on the lookout for.
Short term a minor expanded flat correction is unfolding. Wave and already is in place and now wave higher to 172.98 should be expected. The most common relationship between wave a and wave b within an expanded flat correction is that wave b is 138.2% longer than wave a and that is precisely what we have seen. Looking at the wave relatioship between wave...
Currently AUDUSD is at the edge of a major trend line developed since September. A lot of bearish pressure on the pair right now and a break below the trend might send AUDUSD down. Be caution in the next couple of days and keep your eye out