Hello Traders, Long opportunity for USDCHF. R:R approx 1 to 3+ Your reflections on the set are highly honored. Thank you.
Hello Traders, Long term week based set up for USDCHF. I will highly honor your reflections on my thought process. Thank you.
We could be in a last leg up within a WXY correction within a large wave (B). It could reach 112 level before another drop will be ignited. The drop could then hit the downside levels never seen before in the area of 20-30. Sunset of the dollar?
We see a nice wxy corrective structure finishing. Trendline broken and beeing retested right at the 0.78 fib retracement. Invalidation point above last high. A low risk entry. Best regards
I think we have a corrective bullish ABC structure being forming in progress , in which wave A is a Leading Diagonal , and the current wave forming is B which is WXY corrective pattern and can ends down to the pink 1.618 fibo level , but I think we have a good possibility for that corrective wave to end at the pink 1.0 fibo level as near that level an Anti Nen...
Hi Guys, This idea is just for educational purpose, many traders are out there trying to figure out what kind of pattern is making in AUDNZD, I took some time on this, and come to result that this thing is complex corrective structure name as double three or WXY. that whole abc is zig zag plus zig zag correction and zig zag Y wave. it will be amazing how it will...
Hello there, It looks like we are in the final stages of the large WXY correction. We could see some strength within the flag and then another drop. But after that I think we would see a robust upside move in the Dollar Index (DXY).
Hi there, The previous model was broken when the price breached the downtrend. The price moved beyond the start of the wave W and it could hit higher level to reach 1.272 of wave W at the 1.1977 mark. After that we could see a strong downside move. It is possible to see a double zigzag as it was highlighted on the chart. Would it be an Expanded Flat or a Running...
...must inevitably go down. Bitcoin has had an explosive run up from its extended consolidation below 3000. The Impulse from 1850 to 4400 bears similar structure to the previous "A" subwave 370-1140. the 4h RSI is now below 50, and the upward channel is broken. I consider this the start of a corrective period which should conclude at the previous breakout 2960....
The pair formed a WXY pattern, the correction may finish which means we'll get an impulse or it can continue and form a WXYXZ. P.S: This content is for educational purposes and discussion. Good luck.
WXY Bearish Elliot Wave Corrective Structure About to End. Emerging Bullish Bat is forming . Buy the breakout of the yellow channel
Hi Guys, Though USDCAD going aggressively downside, I'm not that convinced cause this whole correction looks incomplete I'm expecting reversal sharp move to upside and hit right back at back the top then big sell begins. if this thing have to go down and i'm wrong then this has to give me correction then i will sell.Its long term thing so i will post follow...
As long as the following conditions met, we have a good opportunity to take an upside reversal trade - 1) Price does not fall below 108.36 area 2) Price respects the level between 109.08 to 109.56 3) Price shows up a strong impulse move up (as a confirmation) It's currently NOT yet ready to long. As always follow your plan and trade you plan.
We are still looking for a short opportunity on the AUDUSD as it seems to be trading within a WXY pattern. Our short scenario is valid as long as the red line is not reached. P.S: This content is for educational purposes and discussion. Good luck.
Bearish Anti Alt. Shark Emerging Flat Corrective structure is forming . Currently , the last bearish wave Y is in progress
Hello guys , this is EURJPY daily , i see here correction on daily time frame (WXY) i guess its a nice opportunity to go long , don't use a tide stop loss since it might be a more complex structure in leg X Trade your strategy this is not an advice to trade i am just sharing my thought about this pair Good luck ! and if you have any good idea about this...
Quite often the first idea in your mind is correct, call it divine providence but it works. So the more I am analyzing corrective structures the better should be labelling ))). So this detailed count of what was seen last September - into related ideas below. The target is conservative at 44 RUB where Y=W.
After a strong impulsive bearish wave 3 , A Flat WXY Side Way Wave 4 is formed which is 3,3,5 in its internal structure Currently , The final impulsive bearish wave 5 is about to be triggered on the breakdown of the bullish green channel , Also , from Harmonic Pattern Point of view , there is an ideal Inverse AB=CD shown by the green a,b,c labels in circles