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The price has settled a floor just above the 88.6% fibonacci trend line which is also right at the support of where the 3rd wave extension would be, this means there is underlying strength in buyers but like any other bubble it is till it isn't right? However I believe this time is different, the sideways wave has ended at Wave 4 being bullish, however there may...

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Currently looking at a 50% pullback on the Mid-term Fan which is also the start to a possible Wave 4-5 in the Minor, if expansion doesn't play out then I expect some rejection around the 61.8% (24,110) or the 50% zone (23,861) on the Short-term Fan which opposes the Mid-term trend. If expansion plays out then 88.6% (26,322) on the Long-term Fan is a fair target,...

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5 wave up - deserves an ABC wave. Elliott Wave Theory Invalidation at pivot to the upside.

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Harmonic Pattern: Bearish Butterfly

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Not much more to say here, looks like this is our turning point.

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www.tradingview.com rejected at the weekly trend - Jan 31st - Also looking like an irregular ABC wave at the end of a Primary extension. Expecting bears to come into play, makes sense with the bullish sentiment seen on AUDUSD as well. As AUD goes up the exchange will move downward, if we trend up we should see the major correction in the...

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I see GBPAUD in a long standing uptrend, I say this because despite the 5th wave being over and sellers readily available, we still tapped Support 3 times previously on Feb. 5-7 and broke out to the now Weekly Resistance 1 which is at 1.94, I believe we could possible retest the Monthly Resistance at 1.97430, and from there it is possible that we could see a wave...

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We could possibly be in a clear uptrend from this point, nice bounce off of the daily support.

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If we start to see the bulls take control from here I see a great deal of people all seeing this same H&S and reacting with long positions. Will be watching and updating when the momentum starts to shift, you can see the momentum cross above my Stoch/RSI chart. When I start seeing Higher Lows on the 30m - 1hr - 4hr - charts I will update and show how the momentum...

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Looking like a H&S and also due to the trade deal signed with China the DXY should start to go back up which results in Gold being bearish. Not to mention bearish cycles in the Elliot waves the past few hours.