DanteC

DanteC

Break of the structure line with impulse, now forming a corrective barrier triangle 5 wave structure then will break down. Wait for the move down. As well we do have a little divergence among the indicators.

DanteC

An ascending channel has been forming off the impulse from the wedge breakout, I'm looking for this up channel to break to the downside. A lot of divergence as well, which signals the trend could be dying out very quickly.

DanteC

Ive noticed this pattern is playing out very well as this small corrective structure is coming to an end. 1.) The wedge down should break out with impulse. 2.) Divergence is very evident in the indicators. 3.) the break would complete the BIGGER pattern. THis break will happen just be patient. Trade with care!!

DanteC

Aud/Cad has been giving us some great price action to understand the chart, i believe there is a regular flat forming off a big down impulse, meaning another down move is coming. However this is only the corrective structure to the bigger picture. This pattern completes if the lows of B are broken, if they are not then look for upside and potentially the...

DanteC Updated 

Within the waves, structure allows for one more downfall or could just pop up. However i think we are getting the complete 5 wave structure for several reasons. 1.) the fourth wave is ending with an ending diagonal which break downwards most of the time. 2.) Divergence within the indicators, meaning up move will not come. 3.) A break of the ending diagonal will...

DanteC

Finally seeing the bottom of the C wave and that impulse. Look for the re-test, this will go up, it is just structure!!!

DanteC

This pair is forming a wedge-up, and is at the top of the channel, looking for price breakdown and sell SETUP. Indicators are showing divergence as well, which is a good sign SELL!!

DanteC

Wedge structure pattern, they usually break opposing to the trend. Divergence in the indicators. Price is getting topped out at the top of the channel. Look for sell very soon!!

DanteC

Big move coming in either direction. Price action will ultimately determine where future prices will be going. Look for either up or down until it is confirmed!!

DanteC

Got the break I wanted, got the re-test and now looking for more downside. Going into this, we had divergence in the indicators, up channel off the impulse and structure break. All of these point to a valid sell now just look for SETUP. Cannot stress SETUP enough.

DanteC

Very common structure breakdown, wedge off the bounce from the channel, approaching the top of the channel (if we make it there before price breaks the TL), and indicators are showing divergence. wait for the SELL SET UP.

DanteC

Looking downside here but no set up just yet. Up channels usually break downwards and we have divergence and we are the TOP of the channel trend line. Look for a SET UP, do not just short because of the break.

DanteC

Looking to complete the bigger ABC structure out of the ABCDE corrective channel. Look for a correction along the bottom channel trend line and look for sell. If you see a bounce off with impulse, will void the set-up.