GBP/JPY what im seeing is a short term move to the downside to test key support levels. If it rejects we could we looking at a lot of upside potential. Currently in corrective structure so this means its a good sell setup. Make sure to sell when it breaks the corrective structure. Trade safe traders.
Fords been trading within a range for some time now. This is a basic ABC FLAT/ a more complex 5 wave pattern. The C wave doesn't have to break the low before going for the next impulse. Lets see if we breakout or take a for the channel lows!
Let's see if we finally get the bigger downside!!
CHF/JPY Broke key resistnace. After key resistance is broken we are expecting to retest the same resistance level. We are now in corrective structure which is good. Im expecting a sharp move up as we are nearing the end of the corrective structure. Trade safe traders.
I am expeting price to beat the zone that it is facing once it beats the zone i am expecting price to go to c), once it reaches c) i will put in my short.
I think that we're going to finish the C line and then upside. Lets see!
LTCUSDT has seen a very healthy correction thus far (along with all other top crypto). Lets see if this is the bottom or not. I've since changed my position from a 5-3-5 zig zag correction to a 3-3-5 regular flat. A few weeks ago I missed the top estimate, but nailed the severity of the correction (I think). This seems to confirm to me that LTCUSDT and LTCUSD has...
Daily structural view, maybe we will get something like this. I also know where I went wrong on the previous post. I will post that in the updates.
When the price break the low, the direction of the price might change and then we're going to have one more impulsive up move.
EUR/CAD is currently just under the the key support line. It has been in a downtrend for some time now. Currently it looks like it is in a small corrective structure and we are now retesting the key support level. If it retests and bounces down we are looking to sell, however if it breaks through the support and goes up, we would be looking to buy. Trade safe traders.
Dash trapped in wave 4 triangle like BitCoin and LiteCoin. We assume that Cryptocurrencies are in positive correlation, so we have to track this triangles. Triangles are typical for wave 4, so we are expecting new highs in next days/weeks and @500 psychological level can be seen. ew-forecast.com <- Visit for more Cryptocurrencies FREE Analysis!!
Watch for the breakout! Overall structural view is in the related ideas!
GBP/AUD is nearing the top trendline of the bearish flag it is currently in. This if the key level at 1.63898 is respected I will be looking to enter a sell trade all the way to the bottom trendline and if it breaks out even lower. If the key level is respected the gain we are looking at till the bottom trendline is roughly 190pips. However, if the key level is...
Expecting a move lower shorter term, with a possibility of longer term downside!
This morning BTCUSDT entered my projected buy zone. If I counted right, BTCUSDT just completed an Elliott ABC 5-3-5 Zig-Zag style correction. I feel like It's pretty close to being done as it appears to have finished directly on the overall uptrend line. This point also terminates wave ((C)) directly in the middle of FIB 0.618 and 1.0 of wave ((A)) which are two...
Update from idea way back where I thought we'd make a top (higher degree correction) getting a little better at reading into the structure! Thanks for looking!
#CPSS has been in a corrective downtrend for a while. Will this just be an ABC flat for more down or will this be another big up before the subprime loans crash??
I think we have a corrective bullish ABC structure being forming in progress , in which wave A is a Leading Diagonal , and the current wave forming is B which is WXY corrective pattern and can ends down to the pink 1.618 fibo level , but I think we have a good possibility for that corrective wave to end at the pink 1.0 fibo level as near that level an Anti Nen...