CJ_pips

CJ_pips

Elliot wave within a bat pattern. Looking for the 3rd wave up in Eliot wave at the completion of Bat pettern

CJ_pips

Have possible choices but, as oil completed a AB=CD after an Elliot wave we should see some downside in oil pushing USDCAD up. after a pull back in oil from the completion of AB=CD pushing the butterfly pattern to completion we can short USDCAD and long Oil for the 5th wave up Harmonic impulse wave "C" point 50 pips below butterfly pattern safest thing to do is...

CJ_pips

Possible long set-ups

CJ_pips

Precise 0.618 B Point Precise 0.786 D Point to complete in a Daily demand zone Equivalent AB=CD pattern with distinct Symmetry and time Do not have a 1.618 BC projection C point is not 0.618, its .886 So its not a perfect Gartly, but is a valid Gartly

CJ_pips

Daily channel with a 5 wave pattern that looks like it might be setting up for the wave out of the channel. Looks like we have a AB=CD pattern potentially about to complete with another AB=CD pattern in the CD leg completing around the same level. Can we expect the same rally we got last time this same pattern completed What is your opinion

CJ_pips

Currently price is in a daily demand zone at the 0.707 Fib line. If price rally out of the zone entry order will be waiting. I would expect price to test the .786 Fib that is in a nice 4hr zone

CJ_pips

5 wave pattern to complete in supply zone. At the .707 Fib line. The weekly trend is down, RSI is overbought and MACD at highs. I will place a sell order 0.7812 so when price leave the zone I will get filled

CJ_pips

Momentum from the break out of the triangle should run out in this supply zone where banks are selling. Enter just before the .786, SL after the .886, or sell the break out of the recent strong up trend

CJ_pips

We are still making lower lows, but the lows are getting closer together, showing the trend could be losing steam. If Price tests 107.50 - 106.90 where it broke out of the triangle, I will be looking for a long trade. Let me know what your thinking.

CJ_pips

To me this looks like were going to get a bounce off the second trend line, which is in a demand/ support level 1.1297- 1.1273, which will push price to retest the 1st trend line in orange. Depending where price retest the trend line will determine where I enter short. All zone at Fib lines, I will be patient and let price tell me when to enter