wave2

ETHUSD Update: Larger than expected retrace alters wave count and offers good lessons about price action and trade management. Outlook is still bullish as long as supports are maintained. Wow, what a wild move. This is why I always remind everyone "anything can happen". In terms of wave counts, this move changes the structure because Wave 4's do not overlap the ...

ETHUSD Update: This market has retested the 279 support yet again and is attempting to hold. I wrote about this in my previous report. As long as 279 and 263 hold, this market is just waiting its turn for the spotlight. At the moment, BCH has wowed the media and markets with its completely unexpected push to over 900 in a matter of days. Impressive, and as one ...

ETHUSD Update: Higher low unfolds in the low 290s which establishes a subdegree Wave 2 bottom. All this market needs is a catalyst because in terms of price structure, this it is poised to push the 315 resistance. So much for the head and shoulders everyone was afraid of. If that bearish reversal pattern was in play, we would be breaking supports, not forming ...

FBR Fastbrick Robotics (FBR:ASX) Moving nicely LONG on Intermediate Period with a start SHORT for Wave 2 Minor within Wave 3 intermediate. A good entry point for this stock will be on the completion of Wave 2 on the Minor period to go LONG Reference to my previous chart here: ...

ETHUSD Update: Dramatic price movement always calls for evaluation of the big picture. The 136 low is dramatic and causing a great deal of discomfort (if you read the ETH forums on Reddit). Again I have to say this market is not as bearish as it feels. This is a zoomed out chart of this market since is pre 10 dollar levels. Looking at this from an Elliot Wave ...

EURUSD finished an abc correction to the upside and is now on wave 1 to the downside. Im going to short when wave 2 comes up and hopefully ride wave 3 down.

USDCAD is completing wave 2 corrective phase, so we are looking for sell setup to go short.

Double top pattern on 4 hourly chart. Recent up side in 3 leg, sell on reversal.

GBPUSD Bearish

descriptions on chart

NBG Long term Chart: https://www.tradingview.com/v/m0z9p0Jr/ I strongly believe we are currently in a corrective wave 2 of a long term wave C pattern that should complete near the fall, end of the year. What I previously thought was an expanding diagonal (https://www.tradingview.com/v/XG2mSMoK/) now appears to be a double zig zag corrective wave 2. If A=C in ...

Now might be the perfect time to buy to enter right before the strong bullish wave 3. It looks like wave 2 has developed into an expanding diagonal. Here is a zoomed out version of where we are on the longer term: https://www.tradingview.com/v/m0z9p0Jr/ Here is an example of an expanding diagonal: ...