WTI is trading within a Complex Corrective Structure and according to the current Wave Count, if correct, we would be expecting a last Bearish Swing before we could consider a Long-Term Bullish outlook.
* Daily & 4H Chart- Wave Counts - Entry Levels and Full Analysis available for our Members.
Dollar-Index-DXY finalized in Jan 2017 an entire Primary ABC (blue) Structure, thus completing Cycle Wave A (black).
Lionheart EWA has detected a High Probability Pattern which has good chances of materializing into a Market Crash. It’s not going to happen tomorrow or very soon, however the Pattern is real and we are keeping our “hawk eyes” open.
EUR/GBP finalized the Impulsive Sequence in Primary Wave A (purple), which started in July 2015 and ended in October 2016.
Since October 2016 the Corrective Structure began unfolding, which pretty much looks like a Flat Correction.
The Flat Correction labelled as Intermediate (ABC) (green) is suggesting that EUR/GBP might be preparing for a Bearish Swing which...
GBP/USD delivered piece by piece our previously posted/projected Primary Wave Y (red) and rose 950 pips towards our targeted 1.3200 Levels.
We believe that that the Bullish Swings for GBP/USD are about to complete and that a new Bearish Cycle is right around the corner.
LEWA is targeting a Medium-Long Term SELL on GBP/USD which has potential to show a 1500 pips...
NZD/USD has been trading higher ahead of the today’s US Inflation Reports, Federal Reserve Rate Statement and the highly anticipated FOMC Press Conference.
From a Fundamental point of view, most market analysts are expecting FED to raise the rates by 0.25% benchmark points, from 1.00% towards 1.25%.
This of course is causing a positive...
Technical Standpoint & Possible Direction:
On the Daily Chart, USD/CAD-Dollar/Loonie pretty much seems like it has been trading overall within a Complex Corrective Structure, labelled as Cycle Wave IV (green).
The Complex Corrective Structure started unfolding in Jan 2016, with its first leg labelled as Intermediate (A) (red).
It took Intermediate (A) (red)...
USD/JPY-Dollar/Yen delivered and finalized our previously posted Bearish Swing for Corrective Minor 2 (green) Wave.
We are now focusing on a BUY Set-Up on USD/JPY-Dollar/Yen due to the fact that Dollar-Index (DXY) bounced from Significant Levels and confirmed our previously posted Trend Reversal.
Corrective Structure Bullet-Points:
• Minor Wave 2 (green)...
Pound/Dollar-GBP/USD has retraced from the previously posted 1.3000 Levels and is looking vulnerable against most FX Majors with a new Bearish Cycle winking.
There is still a Bearish Stance present for the Pound/Dollar-GBP/USD as the UK Elections are right around the corner and news-wise there are almost no consistent signs of a Bullish outcome for the...
USD/CHF – Bullish Trend – Ascending Triangle – Primary Wave C
USD/CHF caught our attention with its impressive Complex Corrective Structure for the Cycle Waves ABC (black).
This Complex Structure has been unfolding ever since Aug 2011.
Let’s have a walk-through!
Cycle Wave A (black):
Primary A (green) unfolded with a 5 Wave Sequence, with a Running Flat in...
Following up on our previous post and SELL Set-Up on EUR/USD, we would like to ''push the pedal'' on this pair and emphasize that we are having a Bearish view.
Let's make a small recap and see where we are located, shall we?
Aggressive and Moderate Entries did not hold due to the Complex Expanded Flat Formation in Minute IV (green) and an unexpected Extension in...
GER30-DAX is close to finalizing the ABC Grand SuperCycle with a few more last moves within Grand SuperCycle Wave C (pink).
These are interesting times we are living and here at Lionheart Elliott Wave Analysis, we believe that the Bull Market for GER30-DAX is coming to an end. Therefore, we are looking in the near future for signs of a Market Crash.
XAGUSD-SILVER is about to complete the last Bearish Swing which we've been waiting for quite some time.
Please view the Long-Term Analysis for a hawk-eye view.
Intermediate (B) (turquoise) unfolded with an Expanded Flat in its Minor ABC (red) Corrective Structure.
Minor C (red) has shown an Aggressive Sell-Off with almost no Retracements, which leads us to say...
SILVER-XAGUSD is trading overall in an ABC Intermediate Structure and has completed the last Bearish Swing, which we were waiting for.
Intermediate (A) (turquoise) unfolded with a 5 Wave Sequence which leads us to say that Intermediate (C) (turquoise) would most likely going to start its Bullish Rally with 5 Waves Sequence as well.
Intermediate (B) (turquoise)...
USDJPY-Dollar-Yen began our previously posted Bullish Cycle for Primary 5 (purple).
The 1st Leg is about to be completed with Minor 1 (blue) at or around 115.00 Levels.
Corrective Minor 2 (blue) shall retrace towards 110.60 Levels.
Within Minor 1 (blue), Minute III (green) unfolded with with a Bullish Rally towards April's Resistance Levels and Minute IV (green)...