Evaristos

Evaristos

There's nothing special with this setup, the price has just broken the slanting Trendline and came back to retest, and from the theories of Break and Re-test, this points upstairs. And so, I think we're going upside. Loss and Profit parameters are clearly shown. This is what I think with this Mexican Peso.

Evaristos

Our thoughts on this pair is still bearish, as spotted first on 12th Dec 2023 to date, we're still convinced that we are a long-term Bears. The market seems to have formed an ending diagonal on the wave c of the smaller degree wave 2, after completion of the formation, we're looking for more downside. Somewhere on our page, we shared a weekly forecast of this...

Evaristos

The market seems to have completed a WXY Correction that retests between 50% and 61.8% Fib Levels, which brings the market testing the Upper Trend Line (Resistance). This creates a bearish scenario, we'll look for more confluence such as the Price Action and see if we can benefit from this map. Completely this isn't an investment idea but an educational one....

Evaristos

We all know from the Elliott Wave Principle that, after every correction/pullback, there follows an impulse/motive wave. Hence, this is what we expecting on the EURCHF pair. Eyes open for the big dive

Evaristos

As with the AUDCHF, we have almost a copy-and-paste triangle pattern, but on this NZDCHF, the market still looks to be constructing the leg 'd' of the triangle, if all factors hold on, we should see a dive to the rising Trendline and back up for wave 'e' before we see a full and free fall. Firstly this pattern was spotted on March 7th, and the development is...

Evaristos

The market seems to have completed/printing out w4 of the lower degree, if it is what we see, then we should expect an up push for w5 of the larger degree. We wait for more confluence and see what the market has for us. Patience and calmness.

Evaristos

It looks like the market is forming a bearish triangle, and currently completed `leg e` of the potential triangle. If all goes well, we should expect a downward move for the next few days. If one is to trade this pattern from the current price, our invalidation zone should be above the previous top of wave c. The target should be below around the 0.55110 price....

Evaristos

The market seems to have completed leg c of the normal ABC Correction, as it stands we're looking to dive downstairs for wave 3/C. For anyone taking this trade, consider RM and don't take this as an investment idea but an educational one. learn the basics and trade like a Pro.

Evaristos

As it stands, the market looks to have completed wave C of the typical ABC correction, and we're looking to see the market printing out wave 3/C to the downside. Patience should take place to see a breakout of the underlying TL, hence employ the risk management strategies and see what the market has in store for us.

Evaristos

Looks like we`re done wit Wave A and a triangle as wave B, therefore we`re ready for a dive to complete wave C.

Evaristos

Looks like we`re done wit the 5 wave impulse, we now look for a reversal pattern and engage on the downside

Evaristos

We have a channel and price tested the resistance/supply zone. In the EW we have a pullback and it looks to be wave 3/C building up. So hopefully we are goin downstairs.

Evaristos

No more talking, the chart sows a potential down fall on a pull back (complex correction) of the Elliot Wave Count, for a wave Z completion and there after a long way to the upside for development of either W3 or WC. Let`s keep our eyes open for tis promising opportunity. All the very best. Remember to employ a good risk management.

Evaristos

We are spotting something like a leading diagonal in the Elliot Wave Count, which occurs at either the 1st wave of an Impulse or wave A. Currently we`re on wave 4, expecting a w5 completion ten we expecting an ABC pull back. Let`s keep watching and for those getting engaged make sure to use proper risk management. All the best

Evaristos

Looks like we are into wave 2/B as a correction, we are expecting an upward impulse as wave 3/C.

Evaristos

Looks like we are into wave 3 of the minor wave, we are expecting a completion of the ending diagonal of the wave C of wave 4 and ten complete the upward move le 5.

Evaristos

Potential Impulse spotted, a clear larger and lower degree, a clear correction and continuation in an extended wave 1 of the next impulse. We are looking to go upstairs if all goes well. Don't forget to integrate with your trading skills so as to get good results.

Evaristos

We have spotted a potential ABCD pattern (harmonics strategy), that has completed its formation. We are lookin to go downstairs with the Wall Street Instrument, that's US 30. If all align well, we`ll stop as the arrows indicate. Make sure to utilize your trading skills to maximize profit.