The_capit4list

The_capit4list

There's two sides to the coin on GJ bigger picture portrays an ABCDE wave in play with final wave E being half complete. there is also another picture of a range following ABC correction, will market continue to complete wave E or will prices rise north to follow 2nd range structure? lower timeframe is our answer to this question T|C

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last wave C of the ABC correction finds rest at 50% pullback price will rise to test neckline of previous broken structure head and shoulders, where wave 3 of 1-5 impulsive wave count marks the first shoulder and 5th final wave marks the head regards T|C

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AUDUSD is 1522 pips in profit since first publication when we bought the bottom. this pair will continue to push north of the chart and find rest at .7404

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Pair continues to push north, market in the 3rd wave of the market cycle. see related ideas below

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The pair is still bearish, see related ideas link below. The idea is to sell retest which happens to also be the 5th wave of market cycle.

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On 4h timeframe, following breakout was impulse made of 5 wave counts, market entering 5th wave. __________ 4th wave is a correction and correction = 3 waves in opposite direction (ABC) Impulse - Correction - Impulse ___________ 4th wave = 50% correction of 3rd wave in the above article and wave c also lies on 50%fib. Market is entering 5th wave of market...

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Still on the same pair, complete retest on weekly, see related ideas link below.

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reference: related ideas link below

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An impulse consists of 5 waves After any impulse, there will be 3 waves of correction. After the correction, the impulse will continue.

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As market creates new structures, one must evolve with it. Adjustments must be made and flexibility must be applied to the initial forecast. In this refreshed charts, we'e buying 3rd wave at 1.0791

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Reversal from 61.8

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reference: related ideas link below which channel will EU follow?

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price is ranging in a down channel that is also part of a major channel of S&R. What stage of market cycle is the current price? we have counted waves using elliot wave theory to find where prices have been in this cycle and the main question is where do they go next? a clear picture on a lower time frame will help us solve the next move on AZ, is it north or...

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Related Idea link bellow We expect to see a pullback from 61.8 (113.79) to retest previous breakout.

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chfjpy is in 450 pips of profit and counting since feb 18 publication reference: related ideas link below

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Please refer to the related ideas link below Regards The Capitalist

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It's important to have a close view on distant things and take a distant view on close ones. if you follow my publications, you'll note that we've been profiting from almost every twist and turn GU makes on lower timeframe. this moment we take a look at GU's bigger picture.... If you find my publications of great help, Please like,follow and comment if you have...

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please refer to related idea link below