GU is currently in a channel, I'm looking to buy off the 38.2 retracement and ride the 5th wave. With a possible bat completion for a short
3 drives pattern, bearish bat pattern all in confluence in a bearish channel.
Elliot wave forming, wait for completion of 4th wave, buy 5th wave. Stops below the highs of wave 1.
looking for a 38.2 retracement off the 2nd wave for a buy set up. elliot completion may complete one of those levels.
Potential harmonic patterns, I believe it will trend to complete the cypher/alt crab pattern. we're also on the 2nd wave of the elliot wave hopefully we get the 3rd wave correction for a monster buy swing set up. look below for elliot wave projection.
Bearish bat pattern, elliot 3 completion, wave 4 should retrace 38.2 off wave 3. It should not go below the highs of wave 1.
bearish 5-0 pattern, it found resistance off the daily trend line, we could be going down long term and this bearish 5-0 pattern may be your opportunity to jump in, Stops will be above the 113. If prices go above there's a good chance this will continue the trend up.
Bat pattern on the euro dollar, there's the french election this weekend, so be cautious! It may drop to fill the gap, especially if le pen wins.
Bearish gartley completion just a few pips above the institutional level.
We're on our last wave of the elliot pattern potentially reversing right on trend line resistance or the 61.8 retracement
The sell went very smoothly, now we have bullish bat at the bottom of the trendline with a potential swing opportunity to form the D leg of the butterfly pattern
Bearish cypher pattern completion, with trendline resistance. If market brakes trend line it's no good. Keep in mind there's FOMC tomorrow.
UJ has a big elliot wave on the 4 hour and a smaller one in the 1hr. Prices could push higher for stop hunt reasons as the last wave of the smaller elliotwave. I'll be buying with stops under 111.9
Looks like UJ may have one more move up based off the elliot wave pattern. Market makers know there's money to be made if they where to push it up one more time, knowing retail traders are shorting to fill the Gap at the bottom.
Looks like this Will be dropping based off the level and pattern. We also have an elliot wave pattern which I'll post an addition pic. Looked too messy on here so will clear this up and display my elliot analysis
Looks like this will continue to push up, we have 2 elliot patterns formed and a potential expanding triangle forming. It may even drop here depending what happens in the next hours and how it act on daily highs
Buying wave 5 of elliot wave, gonna target around 1.7400 area, and look for sell opportunities
Potential gartley and elliot wave completion along with a pretty good level of resistance, either way it would make a good buy with stops at previous lows.