iLoni

iLoni

Gold has completed 1 to 5 waves and is getting ready for the big drop which is more than necessary. Based on Elliot theory the gold can go as far as wave one without crossing it so there are no limits on how much will it fall, as long as it doesn't cross wave 1. All waves are perfectly made and every single rule is respected, the perfect Elliot theory. Strong and...

iLoni

Gold buy 1rst target 1320 try to get b correction Second Buy after the ABC correction is finished Divergences confirmed on 4h and 1h

iLoni

This trade is based on wave analysis We had the impulse and we are hoping for a flat correction Corection wave A stoped on a 50% Fib level or the main impulse. We are anticipating correction wave B. Check out for a trend breakout of wave A in the Yellon ARC for a buy opportunity

iLoni Updated 

I dont believe in harmonic patterns But i draw this one so you can see all animals can fill this beautifull pattern. Corection wave 1 = 50% Fib of our impulse COrection wave 2 = 61.8% Fib of wave 1 Corection wave 3 = 61.8% Fib of our impulse. Consolitation at the moment find a good entry when we get a breakout. Cheers.

iLoni

Another animal planet discovery. Some people told me they see bats there some other butterflies and i see pikachu in there. I dont believe in harmonic patterns but i believe in wave structure. Anyways draw this so harmonic patterns believers can see how perfect this beauty is As usual wave 1 and 3 on fib level 50% and 61.8% of the main impulse Wait for wave 3 to...

iLoni

1st impulse finshed followed by a correction. You can draw your Gartleys, bats, butterflies, monkeys and dinosaurs you want even a complete zoo if you want this is going to happen. 1st correction wave stopped on a good fib level of the impulse second wave followed by another 50% fib level of the 1st wave and 3rd correction also on a 50% fib level of the impulse. Cheers

iLoni

Hello guys This pair has been on an uptrend and a Channel since 7 months now and we had alot of rejections at 78% Fibo and there we are back at the bottom of the channel again. If we see a clear BREAKOUT downwards wait for the confirmation candle and strike SHORT. Be careful we may have one more wave upwards before the downfall. MACD crossed on 4h TF AND RSI also...

iLoni Updated 

1st scenario we break 50% fibo down to 61.8% and then retrace back to out channel 2nd scenario we have a divergence on RSI @50% fibo we go straight up to the channel Both cases if Dtrendline is broken we going straight up and if 50% fibo is broker we testing 61.8% fibo and then up to the channel. Happy trading

iLoni

We are sitting on yearly 61.8 Fibo and NFP not only failed to push it further also got mixed resaults (passive) for the Dollar. Trump effect is fading and will be gone when He finally gets the sit. Expecting long position ONLY after trendline broken We also got a divergence. If retests on Fibo then avoid, the deep will be big. Cheers