a bearish corrective ABC Zigzag is in progress , in which the last bearish impulsive wave is forming . The internal structure of the Zigzag is 5,3,5 You can Sell to the target of wave 5 Long the breakout of the down green channel to the target
two things happening here: A gorgeous ABCD pattern and the possible completion of the B wave of a Zig Zag. Both would indicate a long is in order for USDJPY. Entry now or wait for further confirmation of the long, I have a stop order at 110.600 TP1 around 111.300 with is full of levels TP2 111.910
Here we have a nice 5 way decline in gold starting from the 2011 high to the low of 2015. Now we can have a potential pull back to the 1400-1500 zone which represents a the 50.0 fibonacci retracement from the lows. If the high of 2016 is confirmed to be an (W) wave , we can have an double or triple zigzag pattern formation with the AB=CD in the ...
Bullish flag a continuation pattern indicating an upward acceleration unless price breaks the above resistance line at 1.0828 levels. A further move upwards is expected at the above resistance line at 1.0948 following again with the continuation pattern that would Trigger the long awaited target of 1.0978 & the second resistance of post us election thereby...