GBPCHF IS CURRENTLY IN A CONTRACTING TRIANGLE AIMING TO COMPLETE WAVE-D OF THE TRIANGLE,
MY GBP/AUD IDEA. GOING FOR WAVE-E OF AN EXPANDING TRIANGLE TO CONCLUDE WAVE-B OF A FLAT PATTERN
OBSERVATION: since 30th of July 2012, EURAUD has been in consolidation. Eight years of consolidation to be precised. The market completed WAVE-C of a ZIG-ZAG Elliott wave pattern on 16th March 2020. EXPECTATION: We expect the market to push down to the LOW of 30TH OF JULY 2012 (1.15738) Thereby retracing the completed WAVE C in the same...
THE MARKET JUST COMPLETED WAVE C OF A MINOR DEGREE. WE ARE HEADING TO WAVE C OF AN INTERMEDIATE DEGREE WE EXPECT THE WAVE-C OF THE INTERMEDIATE DEGREE TO BREAK THE 0-B TRENDLINE OF THE FLAT-PATTERN IN THE SAME AMOUNT OF TIME TAKEN BY WAVE-C OF THE MINOR DEGREE. ELSE THE MARKET IS FORMING A COMPLEX CORRECTION
we've been following AUDCHF for a while now. the market is about completing the wave E of another contracting triangle. we currently expect price to break out of the triangle before taking a LONG position
AUCH PLAYING OUT WELL AS I FORMERLY WE EXPECT PRICE TO PUSH FURTHER TO 0.67403 WHICH HAPPENS TO BE THE BEGINNING OF THE WIDEST LEG OF THE TRIANGULAR PATTERN.
A CONTRACTING HORIZONTAL TRIANGLE IS ABOUT COMPLETING THE E- WAVE, WE EXPECT PRICE TO BREAK THE B-D TRENDLINE AND MOVE TO THE BEGINNING OF THE TRIANGLE (WAVE A)
NZDUSD on its way to completing the C-LEG of WAVE 4 of a MINOR DEGREE. we expect price to push down to 50% or 61% Fibonacci retracement of WAVE-3 before heading for WAVE-5