ellywave_cycles

ellywave_cycles

The first move of the reversal/correction is underway the primary target is the golden fib retracement.

ellywave_cycles

The correction of the fall from September 2020, appears to be complete thus giving us the opportunity to short the pair.

ellywave_cycles Updated 

Taking a look at eurgbp the pair appears to be in the final phase of correcting the crash in march 2020. There is a chance to trade long the 5th wave of wave c of the final wave Y of the correction, as shown in the chart

ellywave_cycles Updated 

A clear equivalent AB=CD PATTERN has formed and price is currently within the PRZ Do take advantage

ellywave_cycles

GOLD has been forming a 33333 leading diagonal since late november 2020 once the pattern is complete we should be looking to short for the corrective wave 2

ellywave_cycles

Taking a look at EURJPY, the impulse from nov 2020. we see an opportunity to long the final wave 5 of 5 of 5, which is forming a nice ending diagonal.