Brent had enough with a triangle to complete B from its correction seems we're heading to play wave C to complete the correction 92.15 will invalidate the pattern
To see 5 up waves that gives 10.80 bottom more reliability waiting to see a correction that could give us a brilliant inverted head & shoulders 14.90 the most important level to give us the right confirmation that the stock finished its correction
Still not yet the right time to go long with gold till the complete wave set as we're still in third from the C looks like will settle around 1800 lvls, but lets wait and find out.
As S&P 500 drawed a leading diagonal and corrected it strongly , as usual after diagonal waves, we might see a deep crash to complete a zigzag or to make a deep wave 3 downside.
A clear impulse pattern moving on USD index , can see that we need time to bottom , not necessarily to watch the exact levels as wave 5 may not respect fibo if it finished as a pattern. Lets see
we're infront of a clear impulse which can ride us with 600 points at least if we didn't looked where we are at weekly! Lets ride!
After last ending diagonal , gold made a fast down correction then start to create a triangle for taking some rest lets keep eyes for another short setup coming to complete the correction
A clear impolse has done last August after rebounding from July bottom Seems we're near to start a new impolse from 1.08-1.11 area Let's see!
Looks like we're in the last leg of expanding leading diagonal with minimum target of 3,335 scenario must be watched to catch a sharp rebound after that kind of patterns finish. Good luck!
Cup & Handle breaking while bullish bat showing decent chance to make a higher bottom than July one making sense that we're drawing a triangle >> boring period ahead
When we breakup the downtrend we looked at the RP to reverse the main trend, but couldn't , & made a lower main high on Monthly movement A symmetrical triangle appeared after a downtrend >> .......... fill the blank. For position traders , look for a good "short" price
Shall we go for a huge position here ? A rectangle , regular flat, as waves guys like to name it, with almost all qualities Lets see what oil would like to do also, it has a big effect here
call me crazy as much as you wish , you better not i'm seeing a bleedy deady scenario for btc around to start and i'm seeing hurting numbers
Falling wedge or ending diagonal , whatever , i think we have a buy opportunity on the pair
With that butterfly + Head&shoulders + prev. support 0.88 could be so important level to catch a long
completed gartley in range with the short-term trend long from here with SL & TP as the chart
Breakout with a brilliant volume , would like to wait a retest to go long for decent targets
great activation for a bat pattern (at least bat if not alternate)