trueneowave

trueneowave

From a Price Action perspective, the area now has a lot of potential for a selling position.

trueneowave

hi traders. I think since February 2017 we are in a complex correction with x small wave. According to the previous analysis, the first part of this combination ends in the form of a flat with a B-wave triangle. Then we enter an X wave. The current ascending motion can be A, B of a triangle. We may be at the beginning of a C wave from a triangle.

trueneowave

According to the previous analysis.

trueneowave

Regarding this currency pair, the point that can be said with more certainty is that we are in a strong uptrend and in the fifth phase of a corrective. Normal goals for this phase, or perhaps better to say, medium-term Minimum goals for this currency can be considered in the range of 145.

trueneowave

I think the gold triangle pattern ended with a high degree of confidence. In the channel analysis, we were looking for a triangular pattern. The 1,900 $ target is available in gold. And my estimate of future and mid-term movement is rising .

trueneowave

Linked .

trueneowave

The starting point of the pattern being formed. The previous two arms are related to the previous ascending pattern. And this will certainly affect our analysis and estimation of what pattern is being formed. Wave a itself is a diametric pattern , and wave b is definitely a triangle.

trueneowave

It looks like the next move is something like the shape.

trueneowave

We seem to be in a complex correction structure.

trueneowave

We seem to be at the end of wave E of the triangle.

trueneowave

It went right according to the analysis presented. Although I am a student of NEOWAVE and still have a lot of problems, I have to say that NEOWAVE does magic. Attention : Please do not base my analysis on trading. I do not accept any Responsibility in case of loss or profit.

trueneowave

Double flat pattern finished. update . We will review the Euro chart at higher times.

trueneowave

I adjusted the labels a little.Don't forget to like it.

trueneowave

Gold goes exactly according to the scenario of a convergent triangle .Be sure to check out the previous scenario and like it if you like .The center part of the link analysis was the flat and the triangle is better.But the triangle is the better option.

trueneowave

Scenario 2: The problem with this scenario is that the central correction must be an Xwave that does not meet the conditions of Xwave. and the integration of these three correction is no pattern.

trueneowave

A scenario for gold: The problem in this scenario is b wave which is very time consuming.For triangles, we do not expect such a timing wave b.Three arms may be considered as diametric pattern arms. However our trading time is daily.But examining different scenarios in weekly time can be a good guide to trading in daily time. Notice the linked scenario: The ...

trueneowave

The first ascending arm had been correctly identified.I believe the Euro chart will be bullish at least in the medium term.Colored areas on the chart can be a price return.At least several arms need to be completed to identify the pattern.There is no price or current requirement to determine if the price will not return from this point.By examining the micro-waves...

trueneowave

In the h4 we were looking for a complex pattern. Necessary to say, in the previous analysis, the word flat was mistakenly typed. Note: It is possible to form a double combination.as a result There is more climbing or a triangular activity in the third sector.