fakhrinsfm

fakhrinsfm

Observing the AB=CD pattern only. Waiting for the pattern to complete.

fakhrinsfm

1. Overall AB=CD pattern and the "Three Channel Bullish" pattern still intact. 2. Expect downfall to D leg after the retracement to wave 4 momentarily. (please see previous analysis) Please observe and comment

fakhrinsfm

1. yesterday marked the completion of subwave 5 (and wave 3) . it extended 161.80 from subwave 4. overall measurement puts wave 4 at 50% of the impulsive wave length. this showed that the impulsive move have been completed. 2. I expect that price will do an ABC retracement to wave 4, going upwards. as wave 4 has high probability to retrace 38.2% i have marked...

fakhrinsfm

Updated estimation for wave 3 (subwave 5) level is at 2.618. Short term selling before reversing to wave 4 just below kumo resistance cloud

fakhrinsfm

Plunging to subwave 5 to finish wave3 Reversing upwards to wave 4 just below the kumo before continuing the plunge to wave 5 thus completing the AB=CD legs

fakhrinsfm

1. AB=CD pattern still valid. 2. current bearish action is from sub wave 2 to 3. 3. reversal to wave 4 up to 38.2% of wave 3 or 1.30550. please comment

fakhrinsfm

FX:GBPJPY 1. If it reverse around this area then the CD leg is complete. A buy limit PO perhaps Please comment. Thanks

fakhrinsfm

1. Wave 5 repositioned towards the end of three channel bullish pattern. 2. wave is making impulsive 12345 move bearishly towards CD leg. please comment. thank you

fakhrinsfm

1. disruptive harmonic patterns detected that could possibly invalidate yesterday AB=CD pattern. 2. price is making CD leg pattern (bearish) before going for target EPA line of 1.272 projection. 3. the markings of wave 5 and i have to be shifted. please comment?

fakhrinsfm

thank you MAS-Trading. after applying the zigzag indicator, i tried to plot the harmonic ab=cd based on EW projections. as we can see, a bigger picture/roadmap of high probability harmonic path emerges for GBPUSD as marked on daily chart. please comment and share some idea

fakhrinsfm

please apologize me for previous GBPUSD Long prediction that it was making a retracement of wave 2. After much deliberation the wave retrace to 38.2 fib level, and this corresponded to abc correction. as we can see in the highlighted box, the previous wave was an impulsive one, hence current price is making a wb to wc correction. this is a high probability...

fakhrinsfm

AB=CD projection as per chart.

fakhrinsfm

Fits elliot wave count Possible bullish path using xabcd pattern

fakhrinsfm

AB=CD pattern setup confirms bullish reversal

fakhrinsfm

1. Making a retracement to subwave 2 of wave 4 to 5. 2. Area is identified as previous daily and weekly support.

fakhrinsfm

anticipate c wave level of 1.618. and a few retracement on its way up. how's that for an idea.

fakhrinsfm

As per chart

fakhrinsfm Updated 

Possible usdjpy outlook 1. Price making a wave b correction and moving up to 111.6 price level. It is expected price will be bullish today up to this price level. 2. After finish It will go down to impulse wave downsouth. Price level as per chart. Pls comment tq.