good impulse on daily...should form continuation pattern and continue up....pattern should show itself this week...be ready to buy at the bottom of this pattern...
price should move to top of the pattern before reversing....will check PA at the bottom to see if it will breakout or give one more leg up...
Long term outlook is bullish. This week expecting a rise back to trendline....break or bounce...be ready..
In impulse now...waiting for continuation pattern to form
Price is currently falling....can reach 82 before reversing...will watch PA at the top of flag for breakout or bounce...
I expect another move down into the hitzone before the reversal. Buying at the bottome trendline or the breakout will be long term sell as this is a short move of the long move... Also a sell is possible at the top of the pattern but it is more risky...
continuation pattern should form and price will continue up. Its possible to buy the breakout of this pattern..
this week price should move up to define a channel top (orange).
Continued swinging pattern with double-tops over the last 2 months. We have peak #1 looking for peak #2 then a swing bullish.. Price should still rise to top of channel as RSI rises. Currently bullish...waiting for the sell at the top.
Actually seeing a weekly setup is always nice.....continuation pattern nicely formed/forming....look for high bounce or break below...short term sell....bigger look is to the upside...
Expecting 1 more up before a bearish impulse....price could break out at anytime so set your alarms....
Wait for flag..price correcting after nice impulse. If you're in, hold...if not wait for the flag.....
No setup yet...wait for breakout. Price will continue down correctively before the impulse. But my crystal ball could be wrong...price could break at any moment...so be ready....
First I'd like to say that having a decent understanding of Elliott waves, this pair is beautiful to behold. The perfect 5-wave bearish wave...now going into the ABC correction...wow....The B-wave is in the hitzone for reversal to start the C-wave. Price can move down further to around 134 and then begin to rise to between 155--163. This is a textbook Elliott...
Eventually will make it to the top for 5th leg completion...watching the bumps along the way..
Waiting for pattern to form after market open...still looking for long move to top of pattern (green)....we shall see....
price has exited the current pattern...not very convincing...waiting to see if the pattern changes an moves back down or we get a continuation pattern for the long entry....waiting to see..
Two scenarios...if price forms a flag here..it will continue down now...if it starts climbing slowly the previous analysis is in play...a drop from the top...lets watch PA Its going down either way...