complexcorrection

adambiers adambiers PRO NZDUSD, D, 2 months ago
NZDUSD: Complex Zig-Zag correction... hmmmm
38 0 5
NZDUSD, D
Complex Zig-Zag correction... hmmmm

What's up traders! To me this looks like a complex correction taking place! It appears to me to still be in correction and not trending (motive waves) What do ya'll think? Thanks for the support and comment with some feedback or what you were thinking! Thumbs up if you agree! :D Have a good week!

lindafx lindafx AUDUSD, 240, 2 months ago
AUDUSD: AUDUSD, Wave Counts & could be more complex
33 0 9
AUDUSD, 240
AUDUSD, Wave Counts & could be more complex

Hi Traders, hope you have a good weekend. This is how we view the current structure developing and potentially it could develop into a much complex correction. No matter how, Look for selling opportunity instead, it will give you a higher probability trade and better risk to reward. Thank you. Enjoy your weekend.

NeeteshJain NeeteshJain PRO NIFTY, 60, Long , 5 months ago
NIFTY: NIFTY READY FOR NEW WAVE, COMPLETES CORRECTION PHASE
156 3 7
NIFTY, 60 Long
NIFTY READY FOR NEW WAVE, COMPLETES CORRECTION PHASE

As per Elliott Waves Principles guidelines, Nifty 1.59% has completed its complex correction where two corrective patterns where formed. First was Flat correction pattern where 3 Waves (ABC) subdivdes into 5-3-5 correction (marked as W) and another is simple zig-zag correction where 3 Waves (ABC) subdivides 5-3-5 (marked as Y). Both were connected by inverted ...

EWS EWS PRO ZC1!, 240, Long , 6 months ago
ZC1!: Corn - Bottoming for a rally towards at least 440
46 0 2
ZC1!, 240 Long
Corn - Bottoming for a rally towards at least 440

Corn has either bottomed at 319.4 or needs one more decline closer to 310.00 before a long term bottom is seen for a rally towards at least 440.00 and possibly even higher towards 519.00. The first strong indication of the bottom being in place will be a break above the resistance-line seen near 329.00 while a break above 335.00 confirms the bottom for the rally ...

OmarDjurhuus OmarDjurhuus PRO GBPUSD, 60, Long , 7 months ago
GBPUSD: GBPUSD Possible short
28 0 3
GBPUSD, 60 Long
GBPUSD Possible short

- Wave 1 finished - - Wave 2 in the making - ''correction'' - Looks like- A wave pullback in a bigger ABC correction - Possible short term '' sell'' down to fib level. - Then turn to complete the B wave

farid_ardavani farid_ardavani AUDUSD, 120, Short , 7 months ago
AUDUSD: AUDUSD sell setup
143 0 5
AUDUSD, 120 Short
AUDUSD sell setup

complex correction is about to end. I think this anticipated down wave is going to complete a bigger flat correction as wave X of daily TF. If this triangle broke to the upside, then there is one more wave to upside and reverse to downside

farid_ardavani farid_ardavani NZDUSD, 240, Short , 7 months ago
NZDUSD: NZDUSD complex correction
92 0 5
NZDUSD, 240 Short
NZDUSD complex correction

I know this chart is a mess! but that's because complex corrective patterns are mess and they can form variety of combinations for long time; but eventually one of these waves is the final one and price will finish the corrective phase and start an extremely impulsive and trendy wave which non of us want to miss it, so we have to risk and take trades in each wave ...

farid_ardavani farid_ardavani GBPUSD, 240, Short , 8 months ago
GBPUSD: GBPUSD WXYXZ complex correction seems to be ended
200 2 11
GBPUSD, 240 Short
GBPUSD WXYXZ complex correction seems to be ended

I was waiting for this correction to end for days and it seems to be ended now. if you are not in the sell, wait for a correction and join the wave to the downside. check the link on the chart to see how the structure developed and how difficult it is to analyzing it while its going corrective. Below is the long term of what I'm expecting to ...

farid_ardavani farid_ardavani DXY, D, Long , 9 months ago
DXY: DXY complex correction
156 0 7
DXY, D Long
DXY complex correction

2 scenarios possible red: ending diagonal as the last wave of complex correction. green: a correction as wave 2 and an impulse to upside

farid_ardavani farid_ardavani NZDUSD, 240, Short , 10 months ago
NZDUSD: NZDUSD complex correction
125 0 8
NZDUSD, 240 Short
NZDUSD complex correction

this is 240 min view of NZDUSD. its in the complex correction. it seems that correction is about to end. I will look for a sell setup on lower time frames.

farid_ardavani farid_ardavani GBPNZD, 240, 10 months ago
GBPNZD: GBPNZD; is it boiling up for an impulse?
90 3 5
GBPNZD, 240
GBPNZD; is it boiling up for an impulse?

this triangle may be end of corrective phase which is a combination correction. only a break out above (d) wave of triangle AND moving impulsive is a confirmation for this setup because still it has room for downside. note the divergence.

farid_ardavani farid_ardavani AUDNZD, 120, Long , 10 months ago
AUDNZD: AUDNZD double combination is about to end
76 0 6
AUDNZD, 120 Long
AUDNZD double combination is about to end

this corrective pattern looks like a double combination. Momentum is shifting from down to upside. i will buy if it breaks above d wave of triangle.

farid_ardavani farid_ardavani EURGBP, 180, Short , 10 months ago
EURGBP: EURGBP is about to end its complex correction
127 0 9
EURGBP, 180 Short
EURGBP is about to end its complex correction

I anticipate a down move is coming soon. The corrective pattern is about to end which is a combination correction. Sell setups are break even trade and i rather to move my stop loss as soon as possible. price bounced at daily (up) trend line, its near to weekly (down) trend line and weekly view of this pair has one more possible wave to go downside. lets see how ...

farid_ardavani farid_ardavani USDJPY, D, Long , 10 months ago
USDJPY: Possible reversal to upside; USDJPY
279 0 11
USDJPY, D Long
Possible reversal to upside; USDJPY

Daily view of USDJPY. note the divergence. it seems that correction is about to end.

farid_ardavani farid_ardavani USDCAD, W, a year ago
USDCAD: USDCAD at strategic zone; long term
73 0 3
USDCAD, W
USDCAD at strategic zone; long term

this is long term view of USDCAD there are 2 main countings for this pair. black one which indicating that uptrend is over and the purple one which indicating a deeper correction for wave 4 and another wave to upside as wave 5 lets see which one is going to happen

JWagnerFXTrader JWagnerFXTrader PRO GBPJPY, 120, Short , a year ago
GBPJPY: GBPJPY Tags Measured Waves - Higher Probability of Sell Off
1108 6 19
GBPJPY, 120 Short
GBPJPY Tags Measured Waves - Higher Probability of Sell Off

Last night, the Bank of Japan announced negative interest rates which made for a weaker Yen driving the GBPJPY higher. Last week, we anticipated a move up to the 174 region and now that we are there AND we have the BOJ driving negative interest rates, do we continue higher or is this it? When assessing the intraday charts, there is a strong confluence of wave ...

JWagnerFXTrader JWagnerFXTrader PRO NZDUSD, D, Short , a year ago
NZDUSD: Kiwi Prepares For Double Dose of Central Banks - 6700 Key Level
1170 9 17
NZDUSD, D Short
Kiwi Prepares For Double Dose of Central Banks - 6700 Key Level

On Wednesday afternoon (or Thursday morning in the Eastern part of the world), we have 2 central bank rate announcements within a couple hours time; 1) FOMC, 2) RBNZ.. This post is meant to assess the wave patterns prior to the news with key levels in focus. The bigger picture pattern we've been tracking is a W-X-Y dating back to 2011. This is a big pattern to ...

glennmercer glennmercer PRO AUDNZD, 240, Long , a year ago
AUDNZD: Long AUDNZD: Possible Triangle Completion, Cypher to Enter Long
187 2 6
AUDNZD, 240 Long
Long AUDNZD: Possible Triangle Completion, Cypher to Enter Long

AUDNZD has completed the "e" leg of an expanding triangle in a complex triple three correction. Triangles commonly mark the end of a three wave reactionary wave and thus an upcoming bullish move may be impending. A possible cypher will make for an optimal entry long. In the case of the triangle continuing to 2 or 4 additional three wave moves off of the ...

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