OleksandrSnitko

OleksandrSnitko Updated 

abc zigzag pattern was formed. it corrected 109.84-108.73 impulse.

OleksandrSnitko Updated 

I have some arguments to iditify trend revesal in usdjpy. wave C(yellow) formed a complete 5 wave structure. rsi shows a divergence between 3rd and 5th waves. so, expected ABC correction might be finished. recent move up has no divergence between its tops. yes, it broke trendline, but it means nothing. in case of divergence absence abc (blue) should...

OleksandrSnitko Updated 

triangle pattern was broken

OleksandrSnitko Updated 

possible wave structure look for divergence!

OleksandrSnitko Updated 

watch a flag breakout s-term sell targets on the chart. m-term sell targets: warning: this down move might be a minor part of a more complex correction, than current abc. trade with care according to your strategy!

OleksandrSnitko Updated 

gold formed 5 wave structure. wave 5 = 161.8% * wave 1 trendline was broken, so correction is expected. there is also divergence on H1. watch it! gold should be corrected at least to 1131.13. trade according to your strategy! good luck!

OleksandrSnitko Updated 

trendline of wave A(green) was broken. there were divergence on H1. it made and broke 2 more flags. green wave A should be corrected. (at least to 1221) buy target, based on recent price action, is 1226. look for entry point according to your strategy. next flag, etc.. good luck!

OleksandrSnitko Updated 

ABC correction (wave 4) sell targets: 113.41 and 112.96 watch breakout for confirmation.

OleksandrSnitko

ABC correction. wave B is triangle. wave e is abc, where c=a. watch breakout! m-term buy targets are: 153.66 and 162.69

OleksandrSnitko Updated 

wave A or 1 looks like formed. if it's true that should be corrected now, so wave B or 2 unfolds. buy targets are undetermined by now. if it's wave B, it may exceed 15feb top(114.95) after wave B or 2 is formed, there should be a good SELL opportunity.

OleksandrSnitko Updated 

A big corrective structure is expected. (A)-(B)-(C) may2016-jan2017 bear market should be corrected. Wave (A) looks like formed. Wave (B) is forming. when it is done, good BUY opportunity is expected. When wave (C) is done, major BEAR market is expected. This (A)-(B)-(C) pattern is expected to be comleted in june - september 2017. Possible eurusd wave (C) target...

OleksandrSnitko Updated 

sell targets:112.82 and 112.4

OleksandrSnitko Updated 

My previous gold sell idea was about bearish wave 4(yellow). and it was nicely done. Now predicted wave 5(yellow) seems to be finished. 1st target(1221.3 - 100% of wave1) is reached. Wave 5 is clear 1-2-3-4-5 (green) structure. In my view, currect bull market corrects bear market. Anyway it should be (A)-(B)-(C) upward move. Wave (A) 1-2-3-4-5(yellow) seems to...

OleksandrSnitko Updated 

1st major SELL target is reached - 111.56 (actual price was 111.59) - 38.2% retracement of wave 3(yellow) and 61.8% of wave (1); My analysis tells that entire correction (bear market) may be already done at 38.2% retracement of 27sep-15dec bull market. bear market (wave 4) = 61.8% of bull market (wave 3) in time. (yellow) wave(4) = 38.2% of wave(2) in time....

OleksandrSnitko Updated 

Looks like pound comleted a big corrective structure. (wave 4 red) It means, that buy targets may be already reached. and it's time to look for SELL opportunities! 1.2683 is 61.8% of wave A(yellow), possible end of final wave C(yellow). Now wave C (1-2-3-4-5) structure is close to be broken. Here is close look. this breakout should confirm the begining of a...

OleksandrSnitko Updated 

Wave 4 is ABC flat (3-3-5) pattern(yellow) Wave C(yellow) is (1)-(2)-(3)-(4)-(5) (blue) Wave (1) inside wave C is an extension. ABC(blue) is wave (2) inside wave C(yellow) close look at wave3(green) Major SELL targets are: 111.56 - 38.2% retracement of wave 3(yellow) and 61.8% of wave (1); 109.23 - 100% of wave (1) and 361.8% of wave A(yellow); 107.18 -...

OleksandrSnitko Updated 

Well, I drew this chart 6 days ago, but I didn't know how to present it correctly m-term buy or l-term sell... so u see it only now. It's a complex look on gbpusd based on Elliott wave analysis. Here is a big picture. 1-2-3-4-5(red) waves. 3rd wave is an extention. 1-2-3-4-5(yellow) waves. wave 1 = wave 5 (Red). estimated price target for LONG-TERM SELL is...

OleksandrSnitko Updated 

looks like we finally comlete our 4th wave(yellow). it's ABC (3-3-5) flat. wave C has (5) wave structure.(light orange) wave (3) is an extention. there is divergence between (3) and (5) wave's bottoms - MACD (5)th wave trendline is broken - buy signal. target price is 120.5 (wave1=wave5) in case of 3rd wave is extention.