This is my new favorite setup, the move down colsolidation and then a finshing move down into a OB and then a nice response from the OB
Yes Eth is making some moves. Ethereum chart has the best setup! compared to every other chart.
WOW, once this gap feels in oil get ready for the correction. most wave 2 are zigzags and with this huge move up i think it would be expected. Also, look at the volume significant drop in volume. In the near future there will be big risk off moves in all assets. watching bonds and YEN pairs
Alright are we in a 1-2 i-ii ????? My entry is at the red line.
alright here is a latest update or the 123 is actually just an abc and we crash lower really fast.
CLOSED out my position. watching to see what happens here at these levels.
Something definitely seems weird with the dollar and the GBP. We either need a longer side ways pattern or we realllllly take off from here. If price doesnt give us a stronger move higher from these levels i will begin to feel suspect of a longer consolidation pattern in play. This does look like a longer term play
Alright we are either the white count or the yellow count right now. Still looks like we have some upside to go.
watching and waiting, if this move cannot make a sustainable move higher from these moves this move up is not a 3rd of a 3rd but an X move and then expecting more consolidation
Allright so there is another potential wave count laid out for USDJPY, we may also be in a leading diagonal 3x3x3x3x3
Trade in Progress. Long USDJPY. Even thought the USD will get weaker compared to other currencies, The yen will still get weaker faster. look at FXY, the YEN is also considered a safe haven but the stock market is headed a lot higher from here.
USDCAD is literally a coinflip right now. Or we can wait for 1of 2 things but both are letting the white channel line break up or down.
CHeck out my other post: Also lets not forget about the GBPUSD this one will most definitely be an interesting setup. I wonder!
GBPCAD long multiple counts possible and short term upside. there is even achance we just go up and retest the very recent high with a WX and then go down for a Y.
Im starting to think we are going to push a little higher from here and that the previous triangle may be inaccurate.