I am looking for a buy set up, I believe we are in a impulsive wave with a completed 3 wave corrective flat structure.
I believe Oil is finish a "W-X-Y" corrective structure. It appear that wave Y could be completing a ending diagonal. I am looking for a reveral in price and a swift move to the downside
Gold is setting up for some really good trading set ups. Depending on what type of trader you are, Trend following or counter trend, will determine which set up is suitable for your trading plan. The arrows give somewhat of a map of the movement that I am expecting to take place.
Watch as I forecast potential trade set ups on the US Dollar
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We're seeing a complete Gartley pattern and at current levels, price is beginning to show signs of reversal at the 1.3070 level. I'm looking for one more rally to the upside before we continue with the overall trend on the daily chart. Wait for clear confirmation before looking for an entry.
Loonie in the bullish reversal zone. As described in the chart.
Bitcoin have formed 5 waves up which signal that we have started a new direction in trend which is a bullish one. However I do expect a big correction to the downside to form a wave 2 before the big bullish wave continue. We are approaching a very strong supply/resistance area on the chart between $11,500-$13,500. Once the bearish correction start I can see it...
What you see here is a developing bullish gartley formation. Learn to catch these trades yourself, if you want I'd be happy to share information.... Dont forget to like the post and comment with ideas. Follow me for more TA Thank you for all the support !
I am looking for a huge bullish move up in Wave 3.
Yes I am still Bearish on the US Dollar! The bullish corrective structure that started on June 19th have turned out to be a deep zig zag corrective pattern that could be finding resistance at the 88.6% fibonacci level of the initial bearish decline. I am expecting the highs that the Dollar created on May 18th of 98.37 to hold strong. I am looking for a big move to...
Sometimes it is best not to overthink things. The descending wedge on the EURO ( FX:EURUSD ) has been clearly broken to the upside. A new uptrend has begun. Rises are in 5 waves and drops are in 3 waves. This is a classic Elliot wave definition of a new trend direction. Keep it simple. Primary wave 2 and secondary wave 2 of wave 3 UP have now tested the...
I am looking at a potential 3rd of a 3rd wave which should show really strong bullish strength. I believe the corrective a-b-z zig zag that started at 1.14110 is coming near an end as wave 5 of wave c in the zig zag is forming a ending diagonal pattern. I am expecting a big push up and I will be looking at targets around 1.16000
Look for a sell off on the Dollar, I believe the small correction is over.
Bitcoin formed a big corrective structure all of 2018 and I believe it have ended. Price have began to rise quite impulsively from the $3,270 low of December 2018. Price is approaching a strong resistance/supply area around the $10,000 level wgere I believe we will encounter some weakness which will give people a chance to buy the pullback. In conclusion I do...
The US Dollar Index is looking to make a bearish push to the orange box to finish the complex W-X-Y corrective structure. After the corrective structure is finished look for the Buy set up for the Dollar to make higher highs in the Bullish tremd
Price is completing a corrective structure that I believe to be a triangle structure, look for price to have a sell of completing the bigger corrective structure finishing in the blue box.
Even using the Elliot Wave Theory, it looks like the motive wave is in due to begin. The correction A will occur downwards to price point 96.94, which also has confluence with my 61.8 fib level.