If Eur/Usd continues to make a 3 wave corrective structure here, I would look to take it from the 800ma (blue) to the 200ma (red) on the daily.
BTC looking close to finishing this complex correction, hard to say if its a 2 wave or a B, my larger count suggests this is still a B wave and we will end up making a lower low and testing 3k. However it always remains possible to break impulsively up and if thats the case we should see quite a bit of strength on the next move. Order blocks daily and 4 hour are...
May have finished buys and be on the way down to complete a 7 swing. That would mean we have an expanded flat on 1 hr for downside. If it continues down I would expect it to probably reach 50% retracement. But if it breaks out to the upside from here I would be looking to get out of it. If it follows the path I have marked up, the buy would be the better trade.
WXY potential that i see playing out
I'm long Echf from lower down and letting some run, hoping to test, and, or, break highs.
All Copper has been doing is expanding this WXY structure, but is came off the exact spot fib and pattern wise to go for Y.. Finally.
Who's in this sell I posted way back? Looking to go to 18.50-18.00 to break trend line more longer term.
AN came off the 1.618 extension of what counts out like a wave 3 of a 5 wave move (which is typical). The 27% extension of "A" lines right up with the low that I am looking for it to break to go for the long term buy. Hoping for a wave 4 correction, and if so, then looking to short if corrective to break that low, then to buy later. Fingers crossed. Three...
Coming off the 200 and 800MA's on 4hr. Will most likely break that high. Could have a correction here for an "X" wave to break trend line, then up, but I think headed to that zone.
Ucad made a corrective flag. Looking for continuation down.
If you consider UCAD to have made a leading diagonal (I do) then it just came of exactly the 27% extension of an expanded flat correction. In that case, we do not need to break the high and it can go all the way down to break the trend line from right here. The price action channel going up is very corrective and needs to at least correct itself at some point, but...
EJ has looked very corrective since hitting the trend line. Could be a large buy potentially. Mat test or break Weekly mid bollinger band (20MA).
As our last gold analysis was canceled but price moved accordingly and is still within great R:R, we have decided to re-engage this metal - Price has set itself a beautiful expanding channel pattern with an accompanying ABCDE corrective sequence. As price currently sets on (E) , we should see price slump down further - The bear scenario is currently...
Watch out for GJ to break trend line and then the high. The link to my youtube channel is below. I went over posted setups on that video today for time purposes.
UMEX is currently breaking the trend line. It is in the zone. Notice that the .764 extension breaks previous high. We It is in a strong uptrend currently but can reverse at any time really looking at the price action. I marked some potential levels for limits and targets. This is a weekly swing. The idea would be to get a correction breaking trend line. If it...
I pointed out on my weekly outlook that Gchf looked like it was making a buy setup. It did, but when you look at that wick on the first wave, we may be getting a "B" or "X" wave here, maybe some kind of flat.
This is the daily. Diagonal seems to be in a wave 5 position of a "C" wave. Emex seems to be holding at the 27% extension of first wave (high came off the 1.382 trend fib extension). Both Umex and Emex are showing "B" wave corrective structure. And I would not be surprised to this diagonal double top (See USOIL). It broke bottom trend line and pulled slightly back...