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MarcPMarkets MarcPMarkets PRO ETHUSD, 240, Long
ETHUSD: ETHUSD Update: 306 Resistance Can Lead To Triangle.
2748 26 43
ETHUSD, 240 Long
ETHUSD Update: 306 Resistance Can Lead To Triangle.

ETHUSD Update: The 279 support was tested and held as price has bounced back up to 300 but this market looks poised for a minor consolidation with 306 being a tough resistance at the moment. I will begin with the wave count since it offers the best perspective on this situation. Elliot Wave can be very complex especially if you get too detail oriented with it. It ...

MarcPMarkets MarcPMarkets PRO ETHUSD, 240, Long
ETHUSD: ETHUSD Perspective And Levels: New Support For Longs?
3318 23 57
ETHUSD, 240 Long
ETHUSD Perspective And Levels: New Support For Longs?

ETHUSD Update: Higher high established at 316 with a minor retrace unfolding. There is a nice motive wave formation that can provide clues as to how much further this market can go before a more significant retrace. I have been writing about the 250 to 280 resistance zone which this market pushed through without much hesitation taking it into the 306 to 349 zone ...

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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