An extended target of $907.45 Mid Year 2024? (Off a Trend Line Break? AB-CD Equality)
CYCLE COMPLETE AND NEW BULLISH CYCLE START ? 123 ENTRY TO PATTERN ORIGIN MINIMUM TARGET.
LONG TERM, TRIANGLE APEX MEASUREMENT SUGGESTS JUNE 2021 COMPLETION
FLAT CORRECTION TO PREVIOUS 4 WAVE. 123 OR LINE BREAK ENTRY. ( ALSO A H&S , NECKLINE BREAK ENTRY TO NECKLINE MEASURED MOVE TP )
Oil could be in the final stages of a triangle giving a potential short opportunity. A close below (d) is the entry and the origin of the pattern to the (a) extreme as the measurable target.
Gold remains in a corrective channel. A break of the upper channel line could take Gold to a minimum of the 1345.87 recent high with a likely target of 1376 area. A move above the Moving Average will be our first indication that Gold may advance. Of course, a move below the channel will indicate a much deeper set back in play. What appears to be an ending diagonal...
Lower time frame scalp setup. Trendline break with two targets, 3-4-5 pattern.
The Bear Alternative. Could the final leg of the corrective phase be ready to start. Theres no topping patterns or signs of a reversal here. But what appears to be a possible Flat corection could be in its final phase of the B leg, A simple trendline break could be the first clue. A 5-3 swing (best seen on a lower time frame) would be confirmation that the C leg...
Short opt. Characteristics of a triangle thrust will be a swift set back for the Euro Dollar.
Diagonal projected move. Characteristics of a move out of the diagonal are typically swift moves to the origin of the pattern.
Patiently waiting for a trend line break to trade the E leg of what appears to be a higher time frame triangle.