lawlee9

lawlee9

We see price in a channel indicated by the white parallel lines. Bounce off the top, then a move back up and now resting against resistance. There's an area of confluence at the bottom of the channel created by the teal trend lines. Elliot wave wise, we see this as the 3rd wave after reaching the 38.2%. Looking to come down for the correction past the...

lawlee9 Updated 

Looking for the retracement on the big move that happened over the course of a couple of months. The retracement may be a 5 wave pattern indicated by the purple FIB. We see wave 1 complete at the 61.8%, and then wave 2 stopped on a dime at the 78.6%. Looking for 38.2% and then 23.6% to complete the wave series. Once we break the current support trendline, we can...

lawlee9 Updated 

Green parallel channel inside of a larger yellow parallel channel. We have a completion of a 5 wave pattern, with price extending further past the 23.6%, but still respecting the 100%. With stops above the 100%, we should see this move down to the 78.6%.

lawlee9

5 wave completed. looking for a retracement from today's drop.

lawlee9 Updated 

I'm looking for a massive up move, but going to catch this small wave down first.

lawlee9

Long term bullish, but planning to see a pullback here.

lawlee9 Updated 

Looking for the 5th wave to complete on a minor level to the downside. We're still in a channel, so I expect price to bounce back from the 1.72967 area to create a higher high. On the weekly timeframe, we have a support level (turned resistance), that hasn't been tested yet. This will be the driver that sends price to the bottom (Long term view) to finish up the...

lawlee9 Updated 

Currently short until the range's support level. Expecting one last up before it drops.

lawlee9 Updated 

The current impulsive bull move indicates some short term up movement. Projecting a pull back into the 78.6% level, then another strong impulsive bull move for wave 3. Targeting the 23.6% level to close the trade and flip it to a long term short.

lawlee9 Updated 

The downside impulsive moves from July 26 started a 5 wave sequence. Currently tracking a minor 5 wave sequence to culminate the 5th wave of the daily wave movement. Selling until 125.729, and placing a buy order. With brexit, there's a lot of uncertainty and risk, so this buy order will be a long shot buy. If there is upside movement, then i believe that this is...

lawlee9 Updated 

looking to retest the broken support trendline. on the weekly, we see a break of support, so just looking for a retracement back to test what is now resistance before another drop.

lawlee9

Long from here to catch the D leg in a potential deep crab setup.

lawlee9 Updated 

Break of descending trendline. Completed 5 wave patterns on larger scale waves along with smaller ones. Daily respected the 135.972 level which was a support level back n January after the flash crash.

lawlee9 Updated 

Hi All, Expecting a slightly further move up towards 138.4 - 138.8 before falling further. We have on the larger scale a 5 wave down where we're seeing the 4th wave back up as a retracement. In the retracement, I see the 5th wave up going towards 138.4 ~ 138.8. In premarket, price rejected at the 138.4, so trying to see if it'll go back to it or send price down...

lawlee9 Updated 

Hit resistance levels, had a parabolic move upwards, hit a new high, and expecting to see a new higher low. Long term expectancy is bullish.

lawlee9 Updated 

Looks like price may be stuck in a channel. Waiting for a long entry at 144.440 to around 146.640 to touch the top channel. This should be the 5th move within the consolidating channel, and then break down to the down side from the top.

lawlee9 Updated 

Bounce off support in the falling wedge pattern, and looking for a breakout. A break above the yellow trendline should catapult about 100 pips. Might see a cup and handle like pattern thereafter to take it to the upper channel that we see being developed. I think we're going to see a further down move after that.

lawlee9 Updated 

5 wave sequence inside of a falling wedge pattern. At support - when brexit made the first drop, it bounced from the recent low and turned higher (before the longer more grand drop). 5 wave sequence completed on the minor level indicated by the fib level. On the daily, we can see a small range formation from the recent lows to the 88.6% fib level. This should...