XVG In Expanding ChannelXVG is in this expanding channel and seems to be following it nicely,
You can capitalise on these and movements to make some quick gains.
Expandingtriangle
ETH currently in a correction before another impulse waveETH has completed a 5 impulse wave and is now currently developing in a possible "double threes" Elliott Wave corrective pattern, consisting of a flat (abc), a 3 wave (zigzag) reactionary, and a (apparently rare) expanding horizontal corrective wave. If we see a successfull completion of this correction by remaining above 900 levels, then we can expect another 5 impulse wave. One thing to note is that the higher degree trend is up, as I have already shown here:
It's Nearly Time To Ride The WAVESWaves/btc is completing what looks to be a Expanding Triangle. The levels of on expansion do meet the rules and with a current D wave progressing, it is definitely not the best time to buy. DYOR and wait for it to hit the trend line. Hopefully at this point we find some nice volume, MACD confirmation on and a bullish reversal signal. Normally an ABCDE Expanding Triangle has a 3 3 3 3 3 formation? This one is forming as a 5 5 5 5 5???? Someone confirm what I'm seeing here as I can see 5 internal waves of lesser degree. Also remember if it does travel to the E point, it may fall. If it meets E, this is approx 170% profit from the bottom of D. Please DYOR here and feel free to correct what i have done. If it hits D, ill be riding this WAVE! Thanks!
XRP on Wave 3 and About to Explode?Before I want to start my analysis, I want to say that this may be dubious wave count. I counted wave 1 as a expanding diagonal, which is not a valid wave count according to Elliott Wave rulebook. However, the expanding diagonal for wave 5 wasn't added to the rule book until recently either. So I thought, if there are expanding diagonals in wave 5, why can't there be expanding diagonals in wave 1 just like the case with leading and ending diagonals. After all, Elliott Wave counting is all about creativity and pattern recognition.
www.wavetrack.com
Anyways, XRP is forming a symmetrical triangle, and if my wave 1 count is correct, then we should see a break out soon once the triangle completes. We use a Fibonacci Extension to get our targets (green lines).
Expanding Triangle.We on wave 4 of the super cikle.
Next wave is up to 25 thousends dollars.
Some Fibo levels and targets at 25200 and 8700.
Expanding Triangle in EURJPYIs there an opportunity to buy at the wave E base of this expending triangle? More than 1:5 R/R?
OMG: Expanding TriangleSpotted a possible expanding triangle on BITTREX:OMGBTC . Its a tough one to call but looks like it may be promising.
EXPANDED TRIANGLE ( A T )Dear Traders & Followers,
There is a possibility to go LONG from the current price
to the level of or 133.80,135.20,138.20.
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.
Good Luck...!!
Regards,
Growing Forex Team
GBPUSD Expanding TriangleWaves C, D and E each moves beyond the end of the preceding same-directional subwave.
Subwaves B, C AND D each retrace at least 100 percent but no more than 150 percent of the preceding wave.
A line connecting the ends of waves B and D diverges from a line connecting the ends of waves A and C.
Go long.
EURUSD Elliott Triangle Correction?Looks like a triangle is starting to take shape. My guess is wave C will retrace wave B by about 1.618%; currently, the market is following my speculation.
Triangle within triangle on XAUUSDBeen long for a while on gold.
Just wanted to publish this to keep it.
This would also imply a short on USDJPY
USDCHF Expanding Ascending Triangle Here on this pair I am watching for a sell setup at the top of the expanding ascending triangle.
Quick Short Trade on EURNZDHere on EURNZD we have a trade setup forming inside our corrective structure. This setup is only valid if price does not break out of the bigger corrective structure. Good luck to you all
Complex patterns on EURUSD are forming and matching results !!!Hello guys ,
First of all sorry guys for this crowded chart but couldn't do it better than this but dont worry i will explain. So lets go !!
FIRST , EURUSD is forming expanding flag in higher time frame , 12H-D,
The light orange Pattern is called Deep Crab, and it will happened before the blue Pattern .
Deep Crab Rules :
AB=0.886 XA leg
CB=0.382; 0.886 AB leg , but i took the 0.76.4 because there are a lot of fib retarcement in that area
CD=1.618 XA leg
Note: we can go long when we reach the C leg is completed(1.04100) SL: 1.03362,, T:1.0800
but of-curs after checking your entry setup and strategy.
Targets are: 0.382;0.618 CD Retracement; i will go with the second target because it matches the second pattern ending !
The blue pattern is called Zero-five Pattern , Rules of Five Zero :
AB=1.13 XA leg
CB=1.618-2.24 AB leg
CD=0.5 BC leg
Targets are: 0.382;0.618 CD Retracement
Note: maybe that last target of Zero-Five patter in the time to go short for long term trade , but its too early to think about it
NOTE : USE YOUR STRATEGY TO TRADE, THIS IS ONLY AN IDEA
Please if you like the idea support me with like or comments if you disagree please leave a comment; i would like to know that i am wrong before i lose money :P
CADJPY Short: EW Count, Completed Expanding TriangleHey traders! Looks as though wave-((b)) of the correction has complete and a potential five wave bearish impulse may finalize wave-((c)). It is important to consider, however, that there are in fact multiple alternative wave counts with this type of potentially complex correction. If price powers through the bottom of the pinbar candle, this will be an adequate indication that the next move will be a five wave structure into wave-((c)) and I will take the short. Also, a pivot cluster sits near target which may pull down price toward the ((c)) wave. Happy trading!
A Potential Expanding Triangle In The Making On EURAUDAt the moment I'm watching this pair like a hawk for a potential buy setup to ride the wave up to the complete the potential expanding triangle. The beauty about this trade is that this is the first I'm potentially going to identify an expanding triangle in real life trading.
However, I'm not 100% convinced this will be a triangle based on some other things I'm looking at. First price has to form a 1-2-3 waves in the "Wave e" in order to get the 3-3-3-3-3 structure of a triangle. Also, I'm looking at some other things which I can't explain here.
If you are trading this, use a strategy you have tested and verified.
6.1.8. Family.
More Than Just Trading.
US30: Short-term Elliott Wave AnalysisThere must be a comprehensive text, but I'm too lazy to write it.
HDFC BANK - Expanding Triangle After a breakout from a long trending channel, the price action has formed another triangle formation that is likely to break downside in order to confirm previous resistance as new support.
Target 1205-1201
SL - 1255
Gold (XAUUSD): Elliott Wave AnalysisThere must be a comprehensive text, but I'm too lazy to write it.
EURUSD Stuck in Expanding ChannelExpanding channel in the play.
Be sure to leave a comment or click the like button.
Ethereal
GBPNZD Long: Potential Triangle/Channel BreakoutPrice is in the potential reversal zone for a weekly bullish bat and at point E of an expanding wedge. If price breaks out of the ascending triangle (usually a continuation pattern and sometimes a reversal pattern) it may act as a catalyst to break out of the ascending channel as well. This could mark a large reversal toward the top of the expanding wedge. Keep an eye out for price action if the triangle is broken!
GM
USDJPY Long: Potential Expanding Triangle, Bat, Missed PivotsHey traders! USDJPY is approaching a potential reversal zone that could spark a large bullish move. A bullish bat is nearing completion near the descending trendline. Missed weekly and unhit weekly pivots sit above price. The .382 fib is also confluent with the missed pivot from last week which may signify a nice supply zone. Movement past the 1.272 mark could mean further bearish movement so that's where I put the SL. Targets at the nearest weekly pivot and the missed pivot from last week. Entry near point X of the bat should price reach those levels. This entry is also confluent with the short-term descending channel shown in gray.
AUDNZD Long: Expanding Wedge Complete at Critical LevelGreetings traders! AUDNZD has reached an important level. The 4H shows a nice expanding triangle that may add support near a potential point E. On the daily chart, there is strong support from a parallel channel. In addition to this, we have two precisely confluent fib levels (1.272AB=CD and 1.5AB extension). Since I'm seeing some pin rejection at the base of the channel, a tight stop may be placed below the pins. If price makes new lows, it is time to re-evaluate. If not, it may be possible to catch a larger move toward the missed monthly pivot for June which would mean major pippage and a trade with great R/R.
Bullish Confluence:
Expanding wedge support
1D Parallel channel support
RSI Oversold
3 missed pivots above price, including an unhit pivot for June
Happy trading!
