pav4ito

pav4ito Updated 

Looking at the waves, we can notice that it is currently in corrective structure, wave C. The move to the downside has already begun. I will update the waves in the longer timeframe (1D).

pav4ito Updated 

GBP/USD has just completed an ABC expanding flat, furthermore it has also just once again bounced from the trending. Due to the fact that it could not break it, leads me to think that it is a good time to short. Goodluck traders.

pav4ito Updated 

Wait for it to breakout of the consolidation, when it breaks to the downside wait for a flag before you go into a trade. The flag confirms the downside!

pav4ito

XRP/BTC is in a huge bullish flag. In my opinion this is only a corrective wave which will soon be over. I see nice upside potential to this. If it breaks the flag it will continue to go up. ABC patter is complete. It also bounced from previous support.

pav4ito Updated 

(This is a short term trade.) I am just testing this Elliot Wave to see if it works. According to this it should be a short term Sell and when it would begin to form waves 1,2,3,4,5 all over again. This is the correction phase, I would not suggest buying now. Buy after the small drop.

pav4ito Updated 

XEM has formed a bullish flag, to take the long trade wait until it has broken out of the flag and has confirmed the upmove. Do not enter the trade without confirmation.

pav4ito

Expecting Silver to start its slow journey all the way to the top to test $21

pav4ito Updated 

Currently hitting the trendline, it is breaks it and creates a bearish flag it is good to short. However if it bounces off it may be a quick long trade.

pav4ito Updated 

If it does break through the resistance and it starts creating a flag DO NOT SHORT. However, it it bounces off the resistance and creates a bearish flag start thinking about selling it. This has huge downside potential if it does not break through the strong resistance.

pav4ito Updated 

Its currently in a bullish flag, expecting a breakout to the upside very soon.

pav4ito Updated 

I expect more upside now that we have finally broken out of the wedge pattern and closed above it. Trade Safe.

pav4ito

If it breaks the resistance and begins to create a flag, I expect it to continue to go op. However if it closes under the resistance there could be some downside.

pav4ito

EUR/NZD broke out of the channel, created a flag and is continuing the move to the upside. If it keeps creating bullish flags we have a long way to go.

pav4ito

Its running out of momentum, we will see which way it breaks out. If it breaks to the downside, in my opinion it will hit support and bounce from it.

pav4ito

Sell the flag breakout

pav4ito

Just hit the top of the wedge pattern, will be good to short unless it breaks out

pav4ito

Bounce off key support level @1.37267. This is a long term trade.

pav4ito

Hit major resistance level, expecting an even bigger bounce to the downside. Also we have a break in the uptrend channel.