This TFW wave analysis in this scenario of a 5 wave expanding diagonal structure: w.1 - completed Dec 2017 w.2 - declined @ 78.6% of w.1 w.3 - an impulse 5 wave @ extension 361.8% of w.1. w.4 - also @ 78.6% of w.3 ABC structure (alt count 1-2-3-4-5) overlapped w.1 zone by 10%+/-. w.5 - currently preferable ABC or 123 structure with a complex w.B/2 wave correction...
Yo people, I am looking at a potential long on Eur/GBP. The sentiment for Eur is risk on. If we look at the technicals, considering the Elliot wave pattern on the 4H TF we have perfectly completed 3 waves and are in a correction which is the 4th Wave. I am expecting the price to move down to 31 to 50% Fibo level which is the marked Red zone and then go long based...
Team,, Buy Limit XAUUSD di Fibonancci 78.6 Buy Limit 1806.00 SL 1796.00 TP 1856.00 RR 1:5
Welcome everyone, My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by...