URIFX

URIFX

The ending of last bear leg is perfect for the end of wave 4 BUT there is an overlap (pink space) implied that the impulsive wave has NOT come yet..... this signal may unveil the next leg of an double zigzag.

URIFX

The chart tells my idea at the consolidation box where we can find: 1/ Bull case: Buyer try to push price higher but we cannot find an impulse wave. We don't know if wave C ended or not because we cannot count 5 waves structure of wave C here. 2/ I refer this case, Bear: I can found an overlap at pink square, that implies this not an impulse wave. So, I will...

URIFX

Price consolidates = the current wave is an correction of 2 cases: Case 1: This is Wave B in range of WXY or WXYXZ. So, price may break the triangle and go up to 61.8% fibo level Case 2: This is Wave B of B which follow a 5 waves impulse (wave A) . So, if price breaks the triangle, price will move down to 50% fibo level. Just waiting for breakout to confirm the...

URIFX

Waiting for breakout to short in short term and long in long term

URIFX

Day by day price is climbing in a beautiful channel and now price break the wave B trendline. I will wait for a correction to buy at wave B trendline in lower time frame. Thanks

URIFX

My most important rationale is the overlap zone which confirms a corrective wave rather than an impulse down wave. I will going long before it reach 50% Fibo level.

URIFX

In month time-frame, price formed a Cup pattern which has unclear "handle" yet. The reason is waiting for signal to know if this handle is available or not. My chart show that there is peak at top of the zone that a pin bar formed in month chart and I expect a correction here. A least to 38.2%. Thanks,, URIFX

URIFX

After a song move, price corrected shapely with clear ABC zigzag. We also saw a reaction at 61.8@ Fibo level by a pin bar. Forecasting: price will move up to form wave 5!

URIFX

A little bit fun for all who are falling in love with trading. Have a nice weekend! URIFX

URIFX

Price react with Resistant level of down channel by forming a log wedge pin bar. Short it right @BE

URIFX

Current wave overlapped wave 1 if we count from the last bull wave. So, the assuming that current wave was wave 4 become invalid. Think about other scenario that price will form the structure 3-3-5 of flat pattern. Bear will continue after correcting up to bear trend line.

URIFX

The corrective wave look simple with ABC zigzag. The wave C seems to finish the last wave of 5. Waiting for breakout to buy or buy at peak of wave 4 of wave C.

URIFX

The Red Rectangle is the watching zone: Break the main trend line will confirms B leg. Break 38.2% level will confirm 5 waves of A leg.

URIFX

The reasons to short: Wave B seem to end soon within channel and we can see a some wedges at trend line. It is simple to short within channel.

URIFX

This pair is in corrective wave. Price consolidated in complex double zigzag pattern / or triple zigzag. Just wait for breaking out wave B to sell or sell on the top of wave B. That's all!

URIFX

The key point in this pair is a diagnostic triangle which may be a wave (C) of correction or wave 5 of an active impulsive wave. In this case, I refer a diagnostic of wave (C) because this wave is not impulsive enough. We also see a breakout of diagnostic triangle to form next leg of an zigzag or a flat pattern. I will trade at breakout in safe zone of zigzag...

URIFX

Today EURAUD droped down in very strong momentum and touched the bottom of the flat wave. There are two scenarios: 1/ Break the sideway channel and go down: Price should make a correction at least 38% to 50% of previous impulse wave. So, buy the correction and take 1st target at one of these two Fibo levels. 2/ Go up to touch the channel top to form the...

URIFX

Dear all, We are in the correct wave of Leg C. Price formed a flat correction and breaking the down channel. I am looking for a correction to buy one more lot here! Target at 50% and 61.8% Fibo level. Thanks