elyte

elyte Updated 

The Kiwi could drop 250 Pips in the coming days. Price expected to continue the bearish correction before resuming upside. I am in with this one. My Telegram channel: goo.gl

elyte

It seems the impulse wave is not complete yet. Price is of course in the last stages about to call for a bearish correction. I want to be patient on this and wait till price makes a substantial move downside (to confirm and then I can rel-label and wait for a retracement to sell) or else, I will hold on for more rally. Let's see how price will play this out. The...

elyte

The impulse wave is just about complete and price rallying upside in a corrective response. A break above the falling channel is something I will look out for. Breakout and pullback entry method is also good. There is a potential rally to 1.35. Thanks for reading. I hope it helps.

elyte

Hi guys, welcome to a new trading week. I have been looking at Cable. Loos like the correction that controlled last week will continue this week despite the intermediate trend points upside. I think, once this correction is over price has a strong possibilities of resuming upside. A 3-wave correction to 1.275-1.28 is expected. I recommend buying at this zone with...

elyte

I expect price to decline in 3-waves from the resistance highlighted. I want to take this trade though the bearish move is expected to be corrective. I love trading Elliott wave patterns that complete at viable levels. What do you think?

elyte

Waiting to sell at the breakout of the trendline....Who agrees with me on this?

elyte

This ending diagonal is expected to terminate the recent bullish correction. I will place a sell at breakout. Ready?

elyte

#USDX dollar-index broke above a contracting triangle above 1260 important level. Bullish continuation to 1270 is expected. Dollar strength against other currencies is expected to continue.

elyte

Are you preparing to short Gbpjpy? I already started selling. Target at 138

elyte

Another sell opportunity to 1100?

elyte

Buying Audcad to 1.01. Who's on the same page with me?

elyte

I am selling at breakout.

elyte

My win on this is currently on 1:2 R/R. Check the last update It was a triple top at the end of an A-B-C elliott swings I want to take more.... Let's rock this one

elyte

My sell now triggered just like I had in Gbpcad....

elyte

This 3-swing correction is really enduring. I'm not selling yet. Just wondering if there would be a triple top at 1.699-1.7 or something else will emerge. We will see how this play out. Patience is needed.

elyte

Cable taking 3-swing correction to a strong price resistance level. Cable of recent has got that habit of "falling fast" and "rising slow". Don't miss the next "falling fast" I am looking at 1.28-1.29 price level for a possible reversal. I will alert you then. You can set an alert or follow me.

elyte

I love it when after the 5th wave, there is a double top pattern. I call this an entry pattern with sell below the neckline of the double top. Conservative approach is to wait for a break below wave 4. I want to go aggressive on this one. I will wait for the proper double top formation and sell the breakout.

elyte

My last analysis didn't go expected. I coudnt get the expected bearish trade. I was expecting price to dip to 118.5 before a rather slow rally. Yes, we saw the same thing, the rally was so quick . This is my new view. Is the 5th wave ended yet? Patience is needed. I still maintain a bearish bias