looking for potential buy opportunities if price breaks above the previous high; anything below that, the market could still go down. If you note the EU has been making lower lows for a while now, trying to buy this long-term would be trying to catch a falling knife- maybe for short-term buys, yes. The market is still in a 4th wave correction, and it doesn't show...
Looking for a bearish outlook on UCAD as a potential Leading Digonal pattern, note* it can also be a 1-2 1-2 pattern. Even if price re-prices by moving up, making all these pullbacks, the main direction is bearish.
We're in a correction A-B-C pattern typically wave A and C are equal so we can expect further upside to complete the Zig-Zag. Wave A is a diagonal pattern, wave B is flat, and wave C is an impulse.
Still anticipating the price to move in the bullish direction, we have an impulse pattern up. Waves 1 and 4 are not overlapping. Wave 2 and 4 are a flat correction. Hopefully, we break-out of this consolidation.
We're in an impulse sequence down, anticipating a 4-5 formation. Wave 3 is also not yet complete we can see a short-term decline before we can see a pullback to form a wave (4)
We're in an impulse pattern to the upside, forming a wave 4. Potential Zig-Zag correction pattern. We can expect it to retrace to the 38,2 before getting a rally.
We're in an impulse down, forming wave 4 as a Zig-Zag correction. I project the price to touch 38,2 and we can expect a collapse after that rally.
Anticipating a sell-off on the USDJPY, we have an impulse pattern to the upside as a double correction pattern. Wave (W) is a simple Zig-Zag correction, wave (X) is a simple Zig-Zag correction, and wave (Y) is a simple Zig-Zag correction. Wave (W) and (Y) are equal we can anticipate a collapse after the price reaches 150.030
We have an impulse pattern down following all of the Elliott Wave Theory Guidelines. Anticipating a further decline to make a 5th wave on the blue degree potentially breaks the previous lows.
Anticipating a Triangle pattern on the 4th wave. We're in a 5 waves sequence which is an impulse pattern where waves 1 and 4 never overlap.
expecting a further collapse from price as a Zig-Zag correction. note wave A and C are always motive waves
We're in an a-b-c Zig-Zag correction wave A & C often equal and also both waves A & C are always 5 wave sequences. Currently, on the last leg, we have an impulse pattern forming a 5th wave and we used Fibonacci multiple to set the target profit level.
ANTICIPATING more bearish pressure from ETH, we're in an impulse pattern 1-2-3-4-5 currently in a wave 5 completion. Note* wave 5 is always a motive wave a five wave sequence.
Expecting a further decline from GU as an impulse move to complete the 1-2-3-4-5 sequence.
We just finished an impulse up now we can expect a countertrend move to the downside as correction pattern.
We're in a bearish impulse sequence. We're in a wave 4 phase and expecting a wave 5 completion.
We're in a bullish sequence as a double correction( W-X-Y ) pattern currently forming a wave Y as a potential Zig-Zag pattern. A Zig-Zag is always a 5-3-5 sub-division so we can expect a minor pullback before a last push up to potential reach the 78,6 Fibonacci retracement level.
Further sells on UCHF as wave 3 continues to reach the 1.618 Fib level. The USD has been relatively weak this week is highly that we gonna have a massive drop.