previousfourthwavesupport

glennmercer glennmercer PRO GBPNZD, 60, Long ,
GBPNZD: GBPNZD Wave Count: Bull Bat ABC Continuation to Gartley Target
323 2 11
GBPNZD, 60 Long
GBPNZD Wave Count: Bull Bat ABC Continuation to Gartley Target

On the daily time frame, price has been rejected at the PRZ of two larger harmonic bullish patterns (Bat + Gartley). The rejection was swift with a 5 wave bullish impulse, followed by a triangle correction and another small impulse to complete a 3 wave pattern (labeled here as (A) of a possible zig-zag correction). Now we are nearing the completion of a bullish ...

glennmercer glennmercer PRO EURUSD, 15, Short ,
EURUSD: EURUSD Short: Upcoming Correction Possible (Elliott Wave)
241 0 11
EURUSD, 15 Short
EURUSD Short: Upcoming Correction Possible (Elliott Wave)

EURUSD has completed a series of bullish impulse moves and may be ready for a 38.2% correction down to fourth wave support. To add to the possibility of a correction, wav e1 price range is approximately equal to that of wave 5. Daily trendline support sits above wave 5 peak. Entry was placed at the close of previous candle with SL above wave 5 and target at .382 ...

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