On this graph 4h euraud I will not dwell too much because it is very clear. A decisive head and shoulders that has already tested the resistance of daily trend on pullback. Go short.
Let's not miss this opportunity: a triangle on wave 4. Wait the brakout and short.
A possible short continuation of the double top formed on the 4h audjpy chart. The temporal levels of fibonacci describe the movement of this trend very well. operate only after a small retracement. 60 pips target
Aand if the price, compressed in this triangle, was about to break down the support of 0.8800? The consolidation movement just above the line makes us think that on eurgbp we can enter short for at least another 100 pips. Just wait the breakout.
Go long for the last wave after the triangle breakout on EURUSD.
EURGBP is on the the third bearish impulsive wave. Let's wait for 50% of retracement, just under the 0.8800 level, to sell again. Then go for other 100 pips.
Third wave is starting on third downtrend touch. Go short!
The incredible precision with which the Fibonacci time extension shows us the turning points on the monthly GBPUSD chart. Next turn after a raise to the level of 1.4200 and then again down.
In this monthly chart we can see how the price is naturally tending towards the 1,2500 target. And then? It is premature to talk about a bullish brerakout to 1,3000 but something, in the long run, makes us imagine.
a great opportunity to enter intraday long position on the third impulse wave of the AUDJPY. do not let it slip away.
What is prefigured here, through a careful examination of the Elliott cycles, is the beginning of a corrective wave. The 1h chart shows the price level at the top of the AudUsd wave 5 and, before the breakout, a new rebound on the trend line could configure a reversal pattern: head and shoulders or double top.
What is prefigured here, through a careful examination of the Elliott cycles, is the beginning of a corrective wave. The 1h chart shows the price level at the top of the AudUsd wave 5 and, before the breakout, a new rebound on the trend line could configure a reversal pattern: head and shoulders or double top.
The complicated Elliott wave puzzle show us, clearly, what the probable entry level will be for a buy limit on EURUSD on the 1h chart. We are in full subwave III of the major wave 2. A 38% retracement would not fall below the resistance of the top of the wave I. A perfect fit for a good bullish restart.
The complicated Elliott wave puzzle show us, clearly, what the probable entry level will be for a buy limit on EURUSD on the 1h chart. We are in full subwave III of the major wave 2. A 38% retracement would not fall below the resistance of the top of the wave I. A perfect fit for a good bullish restart.
What we see is the formation, on the fifth bullish wave, of an interesting double head and shoulders. The two neck lines, in addition to being in parallel, have already suffered a breakout. Now we are in the pullback phase. a great time to get into short on about 200 pips.
What we see is the formation, on the fifth bullish wave, of an interesting double head and shoulders. The two neck lines, in addition to being in parallel, have already suffered a breakout. Now we are in the pullback phase. A great time to get into short on about 200 pips.
What I show you is a correcting triangle on the D wave on AUDJPY cross. The regularity of the lines makes one think of its strong reliability.
What I show you is a correcting triangle on D wave on AUDJPY cross. The regularity of the lines makes one think of its strong reliability.