A possible completion of a 5 wave move down for the larger WAVE C
Currently waiting for the completion of a 5 wave wC of the larger w4. if read is correct it could mark the start of the final leg w5.
After completing a 5 wave impulse, Pair is currently in correction phase.. if assumed wB is completed, we can expect a wC down move to complete the double three.
Found an interesting setup on UJ weekly.. have already set an alert incase it makes an impulse up move..
After completing an assumed wB traingle.. possible start to a 5 waveC down move
Assuming a the completed larger w4 double three WXY wave is correct.. we could see a retest of the highs for larger w5.. or it could be a X wave, waiting for the pattern to evolve, waiting for a quick impulse move up wA/wa1 and retracement for w2/wB.. Note: there is still a possibilty of a w5 down for the wC before completing..
After an assumed completion of a Zigzag, Possible w3 or wC up move for BTCUSD. Note retracement has bounce off .618 FIB of the previous impulse wave.
Possible Short term correction on GU after an assumed completion of w3.
GOLD assumed waveE down move to complete Larger w4
Assuming the expanded flat 3-3-5 is completed.. An ending diagonal might mark a start of a new wave. can be a wA, w1 or X wave.
Ending diagonal materialized and it reacted to the 1507 support. We might expect it to retest the breaking breakout point or just hit next target.
EURAUD assumed wave C down retracement after completion of a 5 wave impulse
Gold Short term target ABC pattern retracement
Possible ABC Move for AUSUSD.. completed a WAVEB flat and possible start of WAVE c to 1.272
Assumed completion of Larger W3 of gold since it hit the 2.618 of W1 of W3. Gold will be entering correction phase W4. earliest assumed start of wave 5, 1.618 - 2.618 fibo time of W3. Congratulations to everyone who was able to ride W3.
Assuming the top of the impulse wave will be the upper channel trend line.. it will correct possible until Wave 4 territory.
BTC Possible Bullish Scenario after completion of retracement channel (assumed ABCDE Triangle)