In a Triangle, the waves always subdivide into 5 waves: A, B, C, D, & E.
Wave A never goes beyond the origin or point X.
Structure = 3-3-3-3-3
At least four of the five waves subdivide into a zigzag or a combination of zigzags.
Triangles do not have more than one complex subwave (only one Double or Triple).
One of the five waves can subdivide into an Impulse
In a...
on the daily charts we see a test of the ascending trend line from the April 2015 lows, further more to add we see this trend line intersect my 40% & 50% fibonacci cluster level at 1.63724-1.64815 price on Friday's close managed to close just shy of the 50% fib level after a false break down towards my trend line. Due to the G20 weekend this weekend NZD news will...
Not a pair in my portfolio but this is one that Jason Stapleton talked about in yesterday's WarRoom Meeting. Initially he was looking at a potential bullish 2618 opportunity, but we now also have a potential bullish Cypher pattern completing in the same killzone.
Syndicate members, remember that there in no Warroom this morning but you do have access to both our...
This week on the EUR.NZD 1 hour chart we have a potential long and short opportunity at the D leg completion of a Bat Pattern
Bullish Bat Pattern - D leg completion 1.6576
Bearish Bat Pattern - D leg completion 1.6965
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Bat Pattern...
It seems that this pair is going through a flat correction. In flat corrections, we have a 3-3-5 structure in which the B wave usually retrace at least about 90% of A wave and often goes beyond the starting point of A wave.
If these bullish Inverted AB=CD, Shark and Deep Crab work out, I will expect a massive bullish run for the dreadful C wave which should be in...
We have another harmonic moves on FX:EURNZD . This is ABCD pattern, which is almost completed and it is a good time to go long. We have a very nice structure at this level, look left and confirm. Our targets will be 1.7370-1.7570 levels. But watch 1.7292 level, it might be a hard shell to breakout.
Avto_T
Green Luck
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ATTENTION...
