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karlsmith87 karlsmith87 EURUSD, D, Long ,
EURUSD: EURUSD Elliott Wave for Top of Wave 5
155 0 4
EURUSD Elliott Wave for Top of Wave 5

Wave 2 Retrace between 50.00% and 61.80% of Wave 1. 3rd Wave is an extended wave. Wave 3 is between 261.8% and 323.60% of wave 1. Wave 4 Retrace between 23.60% and 38.20% of Wave 3. Wave 5 could be equal to 61.8% to 76.4% of wave 3. Go Long.

max_andronichuk max_andronichuk USOIL, 120, Long ,
USOIL: 2 Scenarios for Oil, the only question is "How High?"
753 13 23
USOIL, 120 Long
2 Scenarios for Oil, the only question is "How High?"

At the risk of sounding like a broken record player, another bounce is on the cards. I say bounce because it's due to be "corrective", which means there will still be a new low to follow. Currently we can see that the divergence on the MACD is even greater than when we were looking for the red wave iv, a MACD "buy" signal could provide a great entry for the short ...

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