l7amq893

l7amq893

Showed crab pattern On bigger timeframe formed five waves impulsive move looking for correction

l7amq893

Head and shoulders pattern Break of the neckline Stop loss top of the right shoulder

l7amq893

Finished WXY pattern So the scenario is Either ABC =5-3-5 Or impulsive move 1 and finished the second wave To begin the third wave

l7amq893

EURAUD finished correction WXY Formed shark pattern my bias is short

l7amq893

My bias is selling USDCHF in 30 min As it made impulsive move followed by complex WXY correction waiting to complete 5 waves down Completing ABC

l7amq893

Break of the neck line give a sell opportunity. Head and shoulders forming Based on Elliott wave analysis completed ABC correction

l7amq893

Still in 2 wave correction probably flat The blue lines are the target and the red zone is the stop loss

l7amq893

The cable is targeting 1.2059 1.1945 My stop loss is 1.2358

l7amq893

Three possible scenarios Ending diagonal Triangle Flat Targets blue line And red line is the stop loss