Briankirorio

Briankirorio

a upward break beyond should see price rise to 5the top of the trendline that is if price reacta to the trendline

Briankirorio

bulish flag ... 4 th wave in elliotts upward break would be a good signal for long entries

Briankirorio

long term view on the eur/dollar .... i would appear to be a leading diagonal rather than a triangle suggesting prices should be dropping rather than rising

Briankirorio

elliots wave count poits we are in the second from a weekly view

Briankirorio

bottom of the channel hit followed by a sequence of new highs

Briankirorio

trend line retest after break

Briankirorio Updated 

..... going by this statement in wave principle i think we have hit the resistance point and prices should fall also putting into consideration that the wave count points at the end of abc correction

Briankirorio

i think we are still in wave b of the correction price will most likely make one more upward move before coming down

Briankirorio

channel

Briankirorio

end of wave to .. now we go for wave 3

Briankirorio

the correction is coming to an end aroud 38.2 retracement.which should mean wave will start soon and see prices fall as wave 3 starts

Briankirorio

i think gbpnzd is in a correction which should be terminating soon and see wave 3 push prices lower

Briankirorio

end of correction

Briankirorio

symeticle triangle waiting for a break

Briankirorio

i cant say with absolute certainty that the trend has changed but perhaps the lower lows should be pointed in this direction . my initial trend line which acted as my support was broken and was retested making it a resistance point after we made a lower low

Briankirorio

as it would seem the top of the triangle was touche... prices reacted precisely to the top point and the upward sloping trendline broken... i think there could be no stronger indication of a change in trend,. from here i should begin counting my waves down

Briankirorio

one more bullish 5 wave targeting point

Briankirorio

diagona triangle broken .... buy entries should be in order