eltrendo.com

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Joined Germany
Markets Allocation
67 % forex 33 % commodities
Top Mentioned Symbols
GC1! 33% | 1 EURUSD 33% | 1 USDJPY 33% | 1
eltrendo.com eltrendo.com USDJPY, 5, Long ,
USDJPY: ABC Correction finished or almost finished
49 0 0
USDJPY, 5 Long
ABC Correction finished or almost finished

Elliott Wave theory

eltrendo.com eltrendo.com GC1!, D, Long ,
GC1!: Gold - Pullback to downtrend-line after a big wave 3 up starts.
70 0 0
GC1!, D Long
Gold - Pullback to downtrend-line after a big wave 3 up starts.

Wave 2 is in play right now. Target is the downtrend-line and between 50% and 61,8% RT. If it finds support there, wave 3 up should start.

eltrendo.com eltrendo.com EURUSD, 240, Short ,
EURUSD: EUR/USD: short-time before moving down in a wave 3
101 0 1
EURUSD, 240 Short
EUR/USD: short-time before moving down in a wave 3

EUR/USD could be a short-time before a bigger drop in price happens. Within Elliott Wave theory this is the so called wave 3. Time will tell...

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