MichaelMesfin

PRO
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About me FxTrader. Wave Principle/RSI/COT Swing/Day Trading.
Joined USA
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 33% | 1 AUDUSD 33% | 1 GBPUSD 33% | 1
MichaelMesfin MichaelMesfin PRO EURUSD, 180, Long ,
EURUSD: Conservative Bullish Elliot Wave count for EURUSD
62 0 3
EURUSD, 180 Long
Conservative Bullish Elliot Wave count for EURUSD

Looking for the last leg of the appears to be a corrective pattern since the low at 1.35012. Looking for Price to find support at the 61.8% retracement fib level of the move up in W. Look to enter long on a bullish bar/candle signal in the highlighted time and price fib zone. First profit target at 1.36743 and second target at 1.37414.

MichaelMesfin MichaelMesfin PRO AUDUSD, 180, Short ,
AUDUSD: Reversal zone for AUDUSD using Elliott Wave
156 0 1
AUDUSD, 180 Short
Reversal zone for AUDUSD using Elliott Wave

Price appears to be correcting in a wave iv. Heavy fib resistance zone between .92566-.92910. Wave ii correction was relatively deep. so I expect this one to be more shallow with lots of consolidation. Probably will false breakout of the upper channel formed by projecting trend line from wave i to wave iii from wave ii. Wait for price to enter reversal zone and ...

MichaelMesfin MichaelMesfin PRO GBPUSD, 180, Short ,
GBPUSD: GBPUSD Short using Elliott wave
198 0 2
GBPUSD, 180 Short
GBPUSD Short using Elliott wave

Market appears to have completed Wave of a higher degree Wave 3. Now it is working through Wave of a higher degree Wave 3. It appears to be approaching ideal retracement level with a zigzag W-X-Y pattern on decreasing volatility as reflected by the ATR. Channel resistance at 1.6574 on trend line extending from beginning of Wave 1 (higher degree wave (2)) to end ...

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