We need wait for confirmation. If the candle close down, we can sell. IG:Renethomas03
treasure map elliot wave , expanding triangle As correction , and i think that the level 51.60 wase not wave (5) but instead wave b , and that we have finished wave 5 arround 50 , same story with wave (1) like if you think its true , accepting all sort of comments
Final and last treasure map thought wave 2 OF 3 !
After completed 5 waves down in April 2015, AUDNZD is now in the wave B (maybe finished) of correction A B C. This zone is opportunity to buy for trading wave C TP. around 1.16xxx. Good luck.
I think we are in the C wave and unfold as ending diagonal pattern (ending wedge). The end is coming and will not end well.
Hello, I am in this trade since 0.7400 looking at price action for two days now seems to comply with the Elliot Wave Theory. I think the 5th wave is a great signal and 0.7500 held as great resistance in the past...if it holds again it will form a head and shoulders pattern and most probably a new downtrend. Thank you
USDINR would fall from current levels and probably make new loves below 66 levels.. Overall Rupee made a 5 wave down move from the top of 69 levels after which gave a 3 wave a-b-c correction with in the trend channel and is now ready for further down move. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email:...
Here is a possible 5th wave setup on EURGBP on the Daily timeframe, also my fundamental indicators says that EUR is stronger than GBP so I can hope for higher rates in this asset. *Disclaimer* All ideas published here involve risk and does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make.
From this scenario I think EURUSD will gonna drop below 1.0000 target around 0.82xxx. Why ? From my view, EURO zone is collapsing cause by Brexit and will send EURUSD to the hug of big bear.
I don't think gold is in a bullish impulse wave. I think gold is developing wave X and will see wave Y soon. This trading plan is a opportunity to short Gold TP. below 1000 stop loss above 1380.
After a sharp move down , on a 60M chart USDJPY is correcting itself up, I'll wait for a break down to sell this pair.1st target would be 1.27 extension and the 2nd target 1.618 extension.
Down wave until mid August 2016 Cheers, Keops
Hey traders! This one's a long shot but the risk is low and the setup fits my trading strategy. A bearish wolfe wave is complete after the trendline break was retested. The completion of E is confluent with the B-D parallel which is an indication that the pattern is complete and the trend may reverse. This reversal could mark the continued downturn of the pair...
I think GBP/USD is forming correction pattern "FLAT" and we are in the C wave of flat. Expect sharp fall will coming soon. Is this scenario tell something about "Brexit" ? Who knows. Time will tell. Trade with care. Cheers.