GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
UK OIL & GAS PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), VODAFONE GROUP PLC ORD USD0.20 20/21, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
look for elliott patterns at lower degree to buy -- hold trade if possible or split it 50/50
Possible triangle wave b --- 3333 -- need a 3 wave down to trendline to complete and see if it looks like a buy at 1 hour -- stops below wave c of triangle..
Still think more downside to come
but if this happens I will look for a daily or 4 hour buy after
Look for a correction like we got on AUDJPY then go long nzdjpy to the top (white line)
I will look for a 4 hour correction for upside - if it doesnt come I wont be in
Will look for a long
possible daily flat correction with some rsi divergence on daily
if i see a one hour correction i will buy it - no abc correction no buy. (look for a fib retracement)
stops below daily flat - targeting previous highs and then fib extensions
look for corrections on 4 hour 1 hour to buy
another one may start at .618 if one appears target previous top then 1-1 and 1.236 extension
Audnzd back at weekly trendline
will start to look for buy setups 4 hour and 1 hour
whole move counted as double zigzag (wxy) with flat for x wave
look for buy on 1 hour target previous tops
possible count for cad
If gbp falls from here i think we can expect a zigzag for z or hopefully a triangle which will give the price action a curved half moon look and an easy buy set up
please see the previous wxy and curved half moon appearance of the price action
in between the 2 corrections i count 12 - extended 3 -- 4 - and truncated 5th that is the only way I can justify my wxy ...
still bullish on gbp for now -- on aud and nzd not even managed 38% weekly retracement just about to manage 50% on cad
buy and sell what you like this is just an idea.
Bullish wave count for gbp -- other counts are possible - this is just a thought
possible scenario for gold
the 4 hour divergence on euro
what to look for using elliott wave ( on 1h and 15 minutes)
ending diagonal warns of reversal ( only to that specific time frame ) if you get an ending diagonal on 1 hour and then on 15 minutes as well the fall should be compounded
if you can learn this sl can be very minimal and support and resistance levels can be an addition ...
possible zigzag with ending diagonal for c wave
A few option on eurnzd
wave 4 higher degree is complete and you can see 4 hour wave count for a leading diagonal in this option it is wave 1 of wave 5 wave 2 complete and wave 3 of 5 has started.
wave 4 is not complete wave a is a leading diagonal of zigzag with wave b being complete and c is in progress with more downside to ...
My view on wave count for Dxy