As posted before we are now done with corrective wave X which unfolded as a triangle. The triangle ended with an overshoot wave E. We made first motive wave down and now we are about to finish corrective wave 2. When done we should expect a continuation of the drop as shown on the chart.
The dax have made a clear complex 7 swing sequence. Now it is over and made first motive wave and an expanding flat for the second. I expect a rally atleast testing the top which should unfold as 5 waves.
Given the current wave structure. We are in corrective wave 2. A possible complex zigzag with wave x being a triangle. If the count is right then we should expect a drop of about 300pips to finish up the correction as indicated on the chart.
Given the current wave structure. We are in corrective wave 2. A possible complex zigzag with wave x being a triangle. If the count is right then we should expect a drop of about 300pips to finish up the correction as indicated on the chart.
We are currently making wave C of 4 to finish up the corrective wave 4. When we are done we should expect a continuation of the bearish trend for fifth wave.
GBPCHF is still in the 4th wave making a complex triple 3. We are currently on subwave c of the final y wave of higher degree. When this is done we should expect continuation to the upside to complete wave 5
We have been in this correction phase for sometimes now and it seems like we are done with it. We have made impulsive move down in Daily timeframe signaling the start of new phase. We are now correcting where we should expect to get our entry on h4 pullback on the golden zone. This setup is suitable for position trading as it will take longtime for it to get to...
In this view I see we are still on wave. Possible complex wave structure. When done we should expect price to drop
We are yet to complete bullish cycle. I expect an expanding flat ABC in subminute degree. When this is complete we should expect a massive drop.
I am expecting and extended wave 3 which has started with a leading diagonal on wave 1. Currently we are about to finish corrective wave 2 of 3 with a complex B wave. I expect a rally when we are done with the corrective wave C of wave 2 down.
I see possible drop after price made an ABC fourth waves. We should expect price to drop to finish the ABC correction