This triangle is interesting let's see how it act. There are alternative counts but I prefer this one.
There are two options for this pair watching closely for any clues. I prefer a bullish scenario.
Although there are many counts, I find this count more reliable. I feel the rise in dowjones from march is a correction wave and we about to witness huge correction. For short term traders, I advise buying at any minor correction with the target near 30200. Good luck.
Gold about to finish a huge correction wave with the last drop as wave 5. Trying to sell and targeting new low.
The pair about to correct its rise as a new major wave. Keep watching this one for a short entry.
I think there is another upside rise before a huge drop. For the short-term trader, I recommend buying now with a stop loss of the previous bottom.
I was busy the last couple of months and now I returned with new decorate. The pair looks good to me and moves as I labeled over there. I expect the price will decline as wave c of correction wave ii supporting by the weakness of MACD . Otherwise, it may continue as wave iii. No action was taken just watching.
There are only two options, waiting for confirmation. Keep close and make wealth!
I predict small decline as wave minor 2 and I trade accordingly. The plan is shown in the chart. Good luck
One of these scenarios is correct. Trade wisely.
I bought this pair for long position with stop loss near to waves an of the triangle and the target is top of A. the trading strategy on the chart. Good luck
The pair falls sharply from top and trading against the trend is so dangerous. Here I suppose the price will retrace after the last wave which unfolds as diagonal (wedge) targeting the territory of wave iv. My entry after coming drop in price.
I jumped in and this is my plan for short term
The last fifth wave in the larger fifth wave of larger wave with A or 1. I predict the oil will reach the previous top by $1.5 which is good for day trader. I make invest strategy on long side until price touch the top or around it. stoploss at $35.85