We were in a minor uptrend on the 4h chart before an impulse bearish wave came out.Now i'm looking forward for the break of this trendline to confirm that we're going bearish for some time, and Ill look to sell any corrective structure to the downside. Trade your plan, plan your trade.
The structure of the down- and upmove was corrective - that is typical for an EDT. Wave 1 and 2 are ready.
Spx first down then could come a dynamic upmove
DXY is finishing wave (E) to complete Y of a running flat pattern.
SHOULD RALLY THIS WEEK TO>95 IN RED4, THEN SELLING SHOULD RESUME TO COMPLETE RED5 OF (Y)WAVE TO ~85,THEN WILL PROBABLY START ANOTHER (X)WAVE RALLY - WE SHOULD EVENTUALLY SELL DOWN TO (Z),THE PREVIOUS WAVE (4) LEVEL OF ~$56 !! RETRACEMENTS USUALLY GO DOWN TO THE LEVEL OF THE LESSER DEGREE WAVE(4) , ALSO PRIMARY REDWAVE II WOULD BE AT THE FIBONACCI 61.8% RETRACE OF...
GBPAUD H4 possibility zigzag structure, break trend line h4 enable to short
Hey I got this crazy idea of doing a EW count on a Renko chart
Every 1-2 1-2 can be a Zigzag. Too many 1-2 Combinations in a contracting Formation should be a EDT. Also the NDX is finishing a 14 days Downmove with a EDT. So my favorite for the next days seems to be "long"..
Crude may just finished a minor second wave correction.
I saw this squeeze going on and thought... This might be where the turn happens... BAM! One of the nicest trades I've ever made. Trading is 1 part analysis, 1 part money management and 1 part luck. I like it when I pay attention and get lucky. The real luck here is that I went to bed was not tempted to close it early had I stayed up watching it. (I'm sure you all...
The channel break down indicates that the top is near. The pattern appears to be an incomplete Double Combination. Since the pattern is still somewhat incomplete it is a good idea to be careful making any trades on this pattern until it is confirmed. Confirmation should come sometime in 2017. It is very likely that if this pattern is correct we are in the midst of...
EURUSD Have strong C in corrective trend but in Macro Economic or fundamental is not prove for bullish in long term