Watch as I explain some basic Elliot Wave Concepts of Corrective Formations and anticipating the next waves. I Also breaks down the idea of an IF-Then-Thought-Process using Elliot Wave and reacting to price.
I believe price have completed an Flat correction now watch for an impulse to the downside then a correction to get Short.
There is a strong possibility that we will see a US Dollar Sell off. We have a completed Bearish Bat and price is at a strong level of Supply. Also price is taking the shape of an Ending Diagonal Elliot Wave formation. I am getting out of my long positions where I have been buying the Dollar. Watch for this set up!
Look for the ABC Correction to end and a sell opportunity.
Look for price to make an impulsive move to the downside then a correction to get short. I believe price is near the end of forming a correction structure that has taken the shape of a Triangle of Flat, Both will point price to move lower
Watch for USD/CHF to finish the corrective structure which I believe is a running flat. Look for an impulse then a correction to get long and ride the wave up
EUR/USD have been forming a corrective structure. We could be near the end of the scorrection which I believe is a Triangle. Watch for an impulse to the downside then a correction to get short.
Look for a correction and an opportunity to get short
Price could climb higher a little finishing a corrective formation before the big drop. Watch for the Set Up!
Watch for price to finish a small correction then look to hop in for the Buy set up
Watch for the DXY to do a small correction and trade lower before price start heading higher to create higher highs.
Look for EU to trade higher to finish the WXY correction then look for the long term sell set up. On smaller time frames watch for an correction and a Buy set up.
Watch for price to give you a sell set up. Look for an impulse then a correction. I am expecting a 5th wave to the downside to complete this 5th wave Impulse.
Watch for the next impulse up then a correction to get long to signal the correction is over and join in on the rally to the upside.
Watch for a break of the flag pattern for price to drop into the Buy set up
Look for an impulse leg to the upside then look for a correction to get long. Watch the breakout of ctl
Look for opportunities to get long with stops under the blue zone