But i would pretty much go with this view. That means we will have to review our analysis on Gold too.
The previous Crab completed perfectly..we are now hoping in for this to be formulating a Bat pattern. A 3 drive (3TS) would help favor the bulls.
We have a bat possible bat pattern in view Bearish Flag testing QML in view
A possible wave count in view Completing AB=CD for that second wave Retest on broken structure, we be looking for a buy right on that spot
The pair seems to be completing an HnS and a wave count. - HnS completion - Wave count Bullish Move - iHnS - Bullish wedge
Lets see if it can meet us down there to tackle the cypher.
The reversal pattern as W The first rise is completed, had a lil breathe out there with a falling wedge. Second rise also completed, expecting a lil breathe out completing that HnS. A 3TR in view, may give us the last rise of the market cycle. A little consolidation to breathe before shooting up giving us a reversal pattern.
Okay, i think we are still to complete that Bullish flag i posted. sometimes i need just to trust my analysis and relax from the mind games the Market Makers are playing.
The recent bullish flag setup got rejected by a triple top. USD is gaining strength
We have a broken bullish flag on a bullish channel. It has broken, now retesting: bearish crab. Hoping to see a strong USD up to prices of 110
A few pips to bag while Gold still ranges. Following possibilities i foresee a possible iHnS or it may hit the FOZ and starts falling.
ABCD,E pattern We have an Extended Wave 1 of the elliott wave, so our wave 5 should be short.
As it forms the test, we have a possible Wyckoff setup in view. With a possible bearish crab