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sharing_is_caring Updated 

my view on eu is that it will make lower low as last part of a higher frame diagonal, and that might be the lowest point for some time.

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i dont think it will hit that orange line :) my opinion is when it made B wave to be 1.272%fib. of A than C will be 1.272%fib. of B :) = expanded flat. and since A is 60 candles long, B is also 60 candles long... yes uv guessed it! expecting wave C to be 60 candles long as well... so in anticipation see what kind of structure will unfold till then... p.s. on that...

sharing_is_caring Updated 

as critical date is coming for brexit, chart is also nearing on ending of a big correction. after that big drop (shown below as update) now seems another one will follow. on chart is shown expanded flat with clearly recognizable sub waves. i will make updates and follow it in smaller time frames as structure evolves if theres interest for it..

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there u have guys perfect entrance with that cypher pattern. didnt expect to go that well but im not complaining :) so, this will be loong trade and im gonna put SL @ BE and leave it...

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update! this is one of the possibilities how it can proceed... after that sliding down now correction is following, so, if as shown in chart now it makes a diagonal that can be enough to be considered as B structure (or maybe it will become some more complicated) of the correction and after C part which can take us up to 0.786 of that motive wave and make another...

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here we have another potential gartley pattern

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update

sharing_is_caring Updated 

here that wick points strong rejection and im taking it as a motive wave for upside, after what we have channeling correction, which can be interpreted as several possible corrective pattern, and almost all r showing bouncing at 0.618%fib. so lets see how the price will behave around here... stay tuned !

sharing_is_caring Updated 

here is another good structure for turning, in weekly the pink B wave looks finished and wave C is starting. so will look at it in smaller time frame in comments...

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so this may be beginning of a middle to long term up in this pair. what im seeing is massive divergence in weekly chart and that red line below in RSI is from that! this last move just finished a diagonal and by the look it looks like a ending diagonal cose of the returning of wave D which is deep in C wave and that indicates on ending diagonal! so if that...

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the structure is slightly changed from what i was expecting but its still downside... so it made clear abc within last C wave of the correction, which now i expect to extend to that blue zone and there we will have potential cypher pattern for downside. so we will see how the price will behave at that point. stay tuned...

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so we r approaching to the entrance zone of the cypher pattern with this last part of the structure which is going up with that red running flat...

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so at first i was expecting that blue C wave to extend higher and with ABC to finish this last part of the structure. but it dropped down so the view is changed and now if this drops more down and turn at that point it might finish C wave with that diagonal or ABC structure (if we take that in the middle as running flat correction). never the less it is a...

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this down move started with beautiful cypher pattern which is start to a whole motive wave as shown in the chart. on the chart is shown where im expecting the 5th wave to finish and will see if some corrective pattern will occur and more down, or some up move will begin. as shown on previous chart-(in updates) this high didnt even touched the upper channel...

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that pale red line would be a first resistance from which it may proceed down it has a valid structures to do that but i see some sideways correction will start for a couple of days maybe a week or so, and will proceed up for the second resistance which will complete running flat at weekly/daily chart and another steep going down will begin.

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now in 4H there r clear 5 wave motive move after which a correction has started. so this can be a three wave correction downwards or starting that long drop from weekly time frame. for now that doesnt matter so much but what does matter is to find best entrance for this drop. in this correction i can spot several potential valid corrections and which will be i...

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1 minute ago here on gold after running upside beyond that running flat on 4H/D1 i assume we will have a bigger degree correction now. so i think this is wave A from the correction and now can make running flat and proceed down or it can pull up to zones where it can be expanded flat and make nice cyper pattern which will give us good entrance. everything depends...

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the very own structure points that there is more downside. whether we take red counting as 3-3-3 or orange as 5 wave diagonal or green parallel they all points on more downside. lets see it in lower time frames which will follow in updates, stay tuned...