Please referee the previous chart.
Wave (B) is obviously unfolded as triangle wave and four of its fifth waves are completed. Last fall is around the corner and should took pries near red horizontal line. So for short time I am bearish. stop loss top of wave aa.
Eurusd spent long time trading side-way that correct some of bearish impulse wave. Currently the chart shows there is chance to move price higher near upper trend line. I found wave (B) form as a triangle in my own chart program but here the prices slightly have been changed. Anyway don't miss upcoming rising (C) ...
While Elliot wave theory have many scenario to predict, evaluate and select, the chart pattern tell you only one thing. Here i will regard the triangle as classical pattern rather than one of elliot correction patterns. So once the upper or lower red line broke it signal of entry. Good luck
I think the silver is trading within triangle as wave iv and completed three legs and still D (down) and E (up). My strategy here is to sell silver and my target is prices near $18.8 then wait to complete wave E and again enter short position. if scenario is failed if price exceed A.
Stock up 10 $ as wave 5 as I mentioned last time. Currently stock is overbought and could see decline to 156 $ or around as correction wave. Other option is to break the resistance and continue to higher price. Coming days will approve one of options.