This is All FLAT Rules (Corrective Waves) so if you've LEARNED something less from it then please LIKE and FOLLOW for more EDUCATIONAL Ideas.
NEXT Lesson: (Contracting Triangle).
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The price is in 4th wave and 5th wave is about to start so get READY and find a GOOD Entry point for Shorting this PAIR ...
If the Price Breaks that BLUE Line then this IDEA is INVALID
Trade with CARE
Hello Traders :
(Elliott Wave Principle)
Finally we have finished MOTIVE Waves ...
if you are NEW, go to my profile and see other (EDUCATIONAL) RULES of Elliott Wave Principle.
Next LESSON: (FLAT) Rules...
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NEXT LESSON: (Corrective Waves) ZIGZAG
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I think we have a Head & Shoulders Pattern in this CHART but the Pattern is not Complete yet if you don't wanna take too much RISK, just wait a while or SET a (Sell Stop)...
As I told I've started a course to Educate Elliott Wave Principle
and this is the 1st Lesson I hope you learned something less from it
and if you are Interested to Learn more Rules like:(Diagonal, Zigzag, Flat, Triangle and Combo) so Follow me and please LIKE for MOTIVATING me to Draw the other RULES
I counted EURUSD waves from 1999 till now and it shows me that the price is in 3rd wave of Cycle Degree, if I am correct then this Trade will Double my account although I am in this Trade from the END of leg C if you want to take a position in this Trade then find a good ENTRY
I hope it goes in my Favour
Wish me Good LUCK
I've Started this course because when I first started Learning Elliott Wave Principle I needed someone to guide me as now I am Guiding you guys
so I hope you learn something less from me, I will be very happy for helping you guys
I am not a professional and also I am not GOOD in English I know that haha if I made any mistake so please forgive...
Price is just about to finish the leg (C) of Intermediate Degree and I think that it is not finished yet
so be careful a little bit
and if we are correct then don't miss 3rd Wave of Primary Degree that will double or triple your account
Although Divergence is same in MACD and RSI or any OSCILLATOR like this, shows Divergence.
if this Chart is EDUCATIONAL then:
If you wanna Learn more about Divergence then follow me to LEARN MORE...
and please like for other TRADERS to give them the chance that the could also see this CHART and they learn too, something less from Market...
Don't concentrate in my ( % Sureness ) this is my IDEA and I know how to Deal with its LOSES
Don't take this position unless it FITS in your STRATEGY
Never take any position based on me or someone else IDEA cause maybe they know the Whole Structure and understand what is going on in the Market
I think UNTIL you don't Understand the whole Structure...
It's Full Elliott Count From 1999 till Now
We are in 5th Wave of SuperMillinium, 3rd Wave of Millenium, 3rd Wave of SuperCycle, 3rd wave of Cycle and 3rd Wave of Primary
If you wanna see Full Count you can ZOOMOUT the Chart and See that every wave is Counted
If you have any question you can ASK