HELLO TRADERS I AM STILL EXPECTING PRICE TO DROP DOWN, TO GIVE A WAVE B OF A POSSIBLE ZIGZAG CORRECTION.. IF PRICE SHOULD BREAK THE POTENTIAL REVERSAL ZONE THEN IT WILL GO BACK TO THE BEGINNING OF THE DIAGONAL... THIS IS A GOOD SETUP TO TAKE
at first the correction looked like a triangle that will break to the up side, but as the pattern unfolded it proved otherwise. now we have a complex alternate correction,we are still expecting price to push down to a target of 0.95056 before finding support and reversing..good risk to reward ration trade.
SHORT TERM SELL OPPORTUNITY
PRICE IS STILL EXPECTED TO GO UP TO GIVE US WAVE V BEFORE WE HAVE A DROP DOWN.. YOU CAN GET BOTH BUYING AND SELLING OPPORTUNITIES... TRADE WITH CAUTION THANK YOU
I JUST LOOK AT THIS ON THE 4HR TIME FRAME AND I DISCOVERED THAT PRICE CAN ACTUALLY GO UP MORE THAN STATED IN THE LINKED IDEAS,, IT LOOKS LIKE THERE IS A BUYING AND SELLING OPPORTUNITY
STILL EXPECTING A LITTLE PUSH UP OF PRICE BEFORE IT DROPS DOWN. WAIT FOR THE BREAKOUT OF PRICE FROM THE CHANNEL BEFORE SELLING
EXPECTING PRICE TO CONTINUE TO PUSH UP TO GIVE WAVE B IF PRICE DECIDES TO GO DOWN WAIT FOR A BREAK OF THE INVALIDATION AREA BEFORE GOING SHORT IN THAT CASE WE ARE EXPECTING A WXY OR A ZIGZAG STRUCTURE
PRESENTLY EXPECTING ONE MORE DOWN FROM PRICE BEFORE A STRONG MOVE UP. WAIT FOR THE BREAKOUT FROM THE CHANNEL BEFORE GOING SHORT
GOOD SELL SETUP WITH HIGH RISK TO REWARD RATIO, YOU DONT WANT TO MISS IT
A VERY GOOD SELL SETUP WITH A HIGH RISK TO REWARD RATIO, YOU DONT WANT TO MISS THIS ONE
LONG TERM BUY OPPORTUNITY IS PRESENT PRICE MAY GIVE US ONE MORE DOWN TO TEST THE LOWER SYMMETRICAL TRIANGLE TREND LINE BEFORE GOING UP.. AFTER BREAK OUT FROM THE SYMMETRICAL TRIANGLE TO THE UPSIDE THERE MAY BE FORMATION OF A FLAG
EXPECTING ATLEAST ONE MORE DOWN FROM THE GBPCAD BEFORE WE CONTINUE IN THE PRIMARY UPTREND. WAIT FOR THE BREAKOUT FROM THE CHANNEL BEFORE SHORTING.. IF PRICE IS TO BREAK TO THE UP SIDE EXPECT A PERIOD OF CONSOLIDATION AT THE 1.7739 LEVEL BEFORE IT RETURNS BACK DOWN
STILL EXPECTING A LITTLE DOWN FROM THE EURNZD, WE EXPECT IT TO REVERSE IN THE PRZ TO GIVE US ONE MORE UP TO WAVE C SO WE HAVE AN EXPANDING FLAT STRUCTURE. EXPECT A CONSOLIDATION IN THE PRZ, THEN WAIT FROM THE BREAKOUT OF THE STRUCTURE AND A BUY SETUP BEFORE ENTERING THE TRADE
WAIT FOR THE BREAKOUT OF THE SYMMETRICAL TRIANGLE BEFORE ENTERING A POSITION, IF PRICE BREAKS TO THE UP SIDE THEN IT WILL BE FORMING WAVE 5 BUT IF IT BREAKS TO THE LOW SIDE A COMPLEX WAVE 4 IS STILL IN FORMATION.. CONSERVATORY ENTRIES PLS
we still expect one more up back to the 118.9 level which will form the third leg of a flat of wave (IV) but price has to break the trend line stated on the chat before a long position is entered. if price breaks the lower trend line as stated in the chat then price is expected to drive down to form an extended wave V
WAIT FOR THE BREAKOUT FROM THE TRIANGULAR FORMATION TO THE UPSIDE .. WE EXPECT PRICE TO TO REACH ABOUT THE ENDING OF WAVE (V)
FROM ELLIOT WAVE WE ARE STILL WAITING FOR THE COMPLETION OF WAVE 3, WE STILL EXPECT PRICE TO KEEP GOING UP.. WE JUST BROKE OUT FROM A SYMMETRICAL TRIANGLE AND PRICE ALSO SEEMS TO CONTINUE GOING UP, PRESENTLY THE TREND IS SO STRONG THAT I DOUBT IF THERE IS GOING TO BE ANY RETEST OF THE BOUNDARIES. SO THEREFORE WE ARE GOING LONG
FROM WAVE THEORY WE EXPECT PRICE TO CORRECT DOWN UTIL IT REACHES WAVE (II) OF THE SUB WAVE. PRESENTLY A SYMMETRICAL TRIANGLE IS ALSO IN FORMATION WAIT FOR A BREAKOUT FROM THE TRIANGLE BEFORE GOING SHORT OR LONG. ITS A CORRECTION STRUCTURE THAT IS IN FORMATION AND ITS GOING TO BE COMPLEX SO DONT BE SURPRISED IF PRICE REVERSES UP TO FORM A FLAT CORRECTION. IF PRICE...