Chart: Manual System based on Elliott Waves and Fibonacci. Aqua line is Main Pivot. Update of Templates and i did enter the Traitset on the chart. Status: Waiting for a Cut. Thin gold must cut Fat Red. Comment: Normally i trade on Metatrader 4, i am trying to convert to TradingView so Signals are only illustrative till i have convertet the templates from...
This BAT pattern shows near future picture. XA leg ate all 5 waves and exhausted. (This was part of my longtime analysis posted yesterday). Now looking at this near future pattern, it comes with 1.618 BC extension and 0.886 XA retracement in tight area (0.81196 - 0.81245). This will be a reasonable target once B line is broken. (Some participants will look this...
We have a possible breakout/breakdown of the EUR/GBP. There has been a descending triangle forming on the 1 hour charts. The 20 EMA is carrying price lower, while the pair can't really create any push past the 20 EMA. We have a fairly solid support area around .8218. Also, lower highs. Possible break down to .8190 for 25 pips. Stop right above the 20 EMA. Reward:...