Elliott Wave, RSI and fibonacci analyse by Nestay
High odds that we have an ending diagonal in play here. As expected in my previous ideas the last 1.5 years the 4K zone was the bottom of this bear market and this rally confirms it. We have seen five impulses up since 3400 USD that brought us a beautiful parabollic run. We broke out of the accumulation wedge with...
Hi Guys the FR40 is finally completing the B wave of a bigger flat correction, I have been tracking it for a while , I am anticipating it to break the top before a reversal to the downside.
*Wait for flag then sell the breakout once the trend is broken.
Trade with care
Thank you for your support
The EURAUD seems to be making an ending diagonal. One more wave up to end the 5th before the BIG DOWN MOVE begins .
If this proved right then i'll be selling on the break out of the diagonal. Wait for a flag on lower degree for buy.
*For the Sell I would for conformation of a break out of the diagonal and a correction.
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Shorting this ending 5th wave diagonal. Target is a strong support and 0.618 fib level. Pretty ideal setup here. Already dropping down as I write this.
(Click and drag the price to scroll on chart)
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Hi Guys, this looks like a good idea for a buy. Watch for the break of the flag and use a tested strategy to trade it. Your strategy should have the entry, stops, and target so don't take the trade if you don't have one. Trading without a tested (by you) strategy is like driving without licenses, you will get into trouble or worst can happen. Using your friend...
I am expecting more upside to complete the 5th wave in an expanding ending diagonal ( yes one more never-ending diagonal ). If you didn't catch any of the up move don't worry, the trade you don't want to miss is the sell !!. Buying on pullback on 60 mins is a good idea. I will be keeping a close eye on this one.
Trade with care
Thank you for your support.
An ending diagonal looks very clear in the chart of XAUUSD with a strong bearish divergence. At it maximum it can only give an overthrow to the upside but still after that it will fall....... So please don't miss this opportunity
Is this the correction everybody is looking for? The best pattern I can put together to make their wishes come true is an Ending Diagonal Triangle. Inside the triangle there is supposed to be a 5 wave count that I won't attempt to draw. Suffice it to say it should touch the top line of the triangle one more time before heading lower. Then perhaps an A B C...
CELRBTC on Binance in major good shape! We are most likely on the C-Wave. We have a 5th Wave ending Diagonal and are about to Booom!
Remember Money Management, Risk Management and PUT THAT STOP LOSS!
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Watch for price to push higher towards the Blue box if we break through the orange box which is a supply zone. I believe we have a completed 3 wave structure as well and we are gearing up for a Impulsive Bullish wave