audcad is estimated to have finished forming correction wave with double combination pattern. may rise strongly as it will form the wave subdivision iii of the 3rd wave. the price will likely test the support at FE level 1, the reason is that the 3rd wave should not be the shortest in the impulse wave rule's. as per my previous long-term analysis, maybe this will...
Ya'll already know I'm shorting the shizz out of UC. Trying to sell from the top. Looking to place a sell when we get to the top of the D structure! Happy Holidays, be blessed and trade responsibly ;)
Price has started into a correction. Appears to be making an expanded flat combo, to me at least! Traders, what do you think? If you think it's a good Idea give me a thumbs up, and as always I appreciate comments! :D
COPPER LOOKS SET TO MAKE A BIG MOVE DOUBLE COMBO TRIANGLE STRUCTURE ALMOST COMPLETE D-E HAS GIVE US A NICE IMPULSE LEG SO WE COULD HAVE SOME CORRECTION HERE ALONG THE LOWER PARALLEL OF THE TRIANGLE - WATCH PRICE ACTION CAREFULLY AS THIS COULD TAKE OFF AND WE DON'T WANT TO GET LEFT BEHIND STRUCTURE IS VERY NICE ALL WAVE COUNTS ARE IN THERE BUT I HAVEN'T PENCILED...
complex correction is about to end. I think this anticipated down wave is going to complete a bigger flat correction as wave X of daily TF. If this triangle broke to the upside, then there is one more wave to upside and reverse to downside
Anticipating one more wave to the downside. I was willing for a reversal to upside in my previous analysis, price made a trendy move to upside as expected but it's more looks like WXY correction rather than impulsive move, so it seems that still there is one more wave to downside to complete this complex corrective pattern (look at related idea link).
I saw analysts who analyse this pair (CADCHF) and they conclude that there is sell setup because of some meaningless reasons. I anticipate there is one more wave to the upside to complete this corrective pattern and after that, there is a sell setup, but if you sell now and your stop loss is at 0.76130, there is a high probability that price hit your SL and then...
i will be looking for buy opportunities next week the overall trend is downside, but it seems that this correction phase is about to end with a double combination structure ending with triangle and MACD divergence tells that upside momentum is increasing. because its a counter trend trade, and the movement to upside will be another correction phase, we have to...