ElhamFXARG

ElhamFXARG

By analyzing with Elliott waves and time cycles and divergence in the macd indicator, I guess the price will follow the path of these waves. be careful

ElhamFXARG

i see a grow this idea but everything is based on probably

ElhamFXARG

target : Within the specified Fibonacci range in elliot waves

ElhamFXARG Updated 

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ElhamFXARG

flag pattern

ElhamFXARG

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ElhamFXARG

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ElhamFXARG

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ElhamFXARG Updated 

Going and going to the destination

ElhamFXARG

with fibo retracments

ElhamFXARG

buy in 1.2475 target 1.2648 stop 1.2400

ElhamFXARG

this pair might be in correction of the elliot wave , and target of this correction to be completed in several phase (Pay attention to fundamentals news )

ElhamFXARG

i suppose this wave is going up 50- 60 pip to price 1.2800, that is 0.38 percent retracment of previous impulsive wave and according to time retacement it maybe go to up .

ElhamFXARG

targets with Fibo correction ratios GBPUSD long tp1 2760 tp2 2840

ElhamFXARG

i assume that this movement is 3th wave of elliot wave . we wait to cross DT oscillator in 4h target of this wave is 100% or 162% projection fibo reracement of wave 1 from end wave 2 , and 162 or 262 % of extention retracement of wave 2 (1.2820 1.2835) if indicators show downtrend we wait to buy from low levels (1.2750- 1.2700)

ElhamFXARG

i suppose that it will be correction wave ABC and support area is 1.3030 to 1.3019 and 1.2995 to 1.2985 38 , 50, 61.8, 78.6 percent of Fibonacci levels from Previous wave 61.8, 100, 162 percent of projection of wave A from end of wave B 127 , 162, 262 percent of external retracement of wave B