Ftradorex

Ftradorex Updated 

ABC correction finished. Waiting for bearish E.W. to form and become part of the triangle pattern. Triangle pattern is made by the Fifth peak of an E.W. and ABC correction. Fibonacci (on H4) is put between peak 2 and peak 0 of E.W. . On H1 it is on peak 4 to peak 2. It is like this because from peak 2 to peak 0 fibonacci 300% is too low. Note: whales are...

Ftradorex Updated 

Actually, it was difficult to get the gasp of using Elliot Wave on this kind of chart because it didn't work like usually do On H4 t.f., three Elliot Wave finished. ABC correction finish. A to B of second ABC is in process. I use fibonnacci from peak 2 to peak 0 and start with the level 0.50% to have a better idea of where the fifth peak will be. It should...

Ftradorex Updated 

The other one that I post was a weekly one. Elliot Wave finished. ABC correction finished. Waiting for second abc. Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment. I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.

Ftradorex Updated 

Recent news downtrend E.W. finished on m15 timeframe, but H4 and H1 timeframe don't have the structure. Therefore, another bearishtrend should form to complete the E.W. on the higher timeframes. Bullish E.W. on m15 will start forming. I used a repeated 0.40% zones for retracements, but probably will go directly to 300%. Note: Probably whales where...

Ftradorex Updated 

Following the uptrend, it will reach 2370 and above eventually. But it will first do another retracement for well made (4) of E.W. . Once finished, it will finish the structure. Note: It can be in a slower peace and news doesn't need to impact inmediately. It can take a whole micro E.W. to reach lower goal and upper goal. I sugest to not start buying until...

Ftradorex Updated 

Elliot Wave finish. ABC finish with a triangle pattern. Second ABC will finish the strange uptrend that seemed to not finish, but finally found the IV of the W.E. meaning that chart should go bullish and reach 300% of fibonacci. It wasn't easy. It's my first time seeing an uptrend with so many waves. Fibonacci is within 2 and 4 peak of E.W. News are on...

Ftradorex Updated 

Chart is going as predicted. It already went above H. peak and will need to reach more to do the 3 to 4 of fibonacci. For a well E.W. structure, point 4 can't touch point 1 . If a bearish peak does it, then it will form another wave and much higher. I'm expecting that fifth peak will be below 400%. Maybe 338%

Ftradorex Updated 

A to B of ABC correction finished. B to C starts new.

Ftradorex Updated 

A to B of ABC correction finished. B to C correction in process. Expecting to hit double top. I believe that since news are cloose chart will do a doji of what it have done for now. It's better to take the risk.

Ftradorex Updated 

Downtrend Elliot Wave finish. Still waiting for C of ABC to finish with an E.W, that, only takes the chart to reach 300% and higher to make the fifth peak. News are on standby, so it should go according to plan.

Ftradorex Updated 

Elliot Wave finished uptrend. ABC finished and a reversed triangle pattern formed. Second ABC may do two things: follow triangle pattern for a diamond pattern, or follow trendlines and go bullish. Expecting that EURUSD go bullish, then it can be expected to go bearish for the time being, until it hits the lower trendline. Note: whales will follow EURUSD market...

Ftradorex

Elliot Wave still in process. Fifth peak will take around 392 days to reach. That is, if second E.W. does not appear. The side arrow is to know bar distance. By obtaining the total bars of an E.W. complete formation, and duplicate it, one can predict next powerful candlestick that can tell reverse or end of a phase. It works better in m1. It works in sideways too.

Ftradorex Updated 

Two E.Wave finished on the uptrend side. ABC finished. Smaller uptrend is forming, similar to eurusd structure. Wating for second ABC finish chart pattern. I put fibonacci on E.W. 0 to 2 peak and chart reachs 300% or higher. Since structure is similar, even if it's small, it should be fine to say it will go up to reach 300% or higher. Note: Whales will get...

Ftradorex Updated 

Uptrend Elliot Wave finished two times. ABC finished and minor uptrend was made. ABC again to finish chart patttern. Minor uptrend haves already 4 points E.W. . The fifth point is at 300% of it's own fibonacci. I used the fibonacci inside gap of first peak and fourth peak, jumping midle wave for better structure. I sugest to not buy until further...

Ftradorex Updated 

Elliot Wave to predict waves with the help of angles Present forming structure is similar to the first E.W./ A to B trend of triangle pattern. If so, then, the fibonacci can be from 0 to number 2 peak of E.W., and can be used same way to present forming structure. It can reach higher then 300% but not smaller, so tp is secured on 300. Notice how on each...

Ftradorex

So, it's finally going to do the abc? Will need to reach 300% of volume distribution, that is, 2333.700. It can go higher, so, lets see if it close right at the target.

Ftradorex

Waiting for 300%~423% of first wave in 10 candles. 10 candles equals two lower frames E.W.

Ftradorex

Lets see... This week seems to be shooting start W1, but, taking trade on lower timeframe, bullish .E.W. finished hitting 423% resistance. Bearish E.W. Needs to finish. Waiting for 300%~423% fifth wave formation. Then goes up to B of abc correction, so it's better to take the risk of buying fast once fifth wave finishes. The B of abc correction is usually fast and...