fibonacci5

Message Follow Following Unfollow
Joined
Markets Allocation
40 % forex 60 % other
Top Mentioned Symbols
GOLD 60% | 3 GBPUSD 40% | 2
47 0 3
GBPUSD, W
GBP/USD long/mid term revised Elliott Wave count.

The wave 4 correction looks to continue to extend in GBP/USD, although the wave B down of 4 may not yet be complete a wave C of 4 should take prices just above the wave A high before reversing down to new lows in wave 5.

fibonacci5 fibonacci5 GOLD, W, Long ,
84 0 3
GOLD, W Long
Long term GOLD Elliott Wave pattern.

Why the coming rally in gold is not a wave 3 up to new all time highs... the count from the 2011 high is down in 5 waves, wave 4 is a contracting triangle and wave 5 is an ending diagonal. This 5 down is Wave A of a large Zig Zag. We are currently in wave B which on this chart is shown as a wxy combination it could also be an abc zig zag. Either way prices should ...

fibonacci5 fibonacci5 GOLD, D, Long ,
61 0 2
GOLD, D Long
Elliott Wave c of larger degree B underway. BUY GOLD.

Impulse wave c of a larger degree wave B which is playing out as an abc zig zag appears to be under way and should take gold to above the wave a high on this chart. Risk/reward ratio of at least 8.

fibonacci5 fibonacci5 GBPUSD, D, Short ,
47 2 2
GBPUSD, D Short
GBP/USD in Elliott Wave 5 down to new low.

GBP?USD descending in impulse wave 5 to new low. The Elliott wave labelling on the chart shows the more bearish scenario of i ii (i) (ii) to the downside based on speculative sentiment index of 70% bulls which as a contrarian indicator would suggest that there is further downside before a significant rally begins.

fibonacci5 fibonacci5 GOLD, W, Long ,
60 0 2
GOLD, W Long
Long/mid term Gold Elliot Wave pattern.

Wave A starts at the high in 2011 and completed at the label A at the beginning of 2016. The beginning of wave c of B is imminent signalled by the current extreme negative sentiment to gold and bullish momentum divergences on daily chart. Wave c will be an impulse wave carrying price to above the wave a extreme at 1373.

Last visit south africa
1
0
0
Message Follow Following Unfollow
Last visit
3
4
23
Message Follow Following Unfollow
Last visit
14
52
98
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit
2
0
5
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit United Kingdom
127
5
160
Message Follow Following Unfollow
Last visit Plano, TX
1317
0
21
Message Follow Following Unfollow
Last visit Greece
45
3
20
Message Follow Following Unfollow
Last visit
3
4
23
Message Follow Following Unfollow
Last visit united kingdom
1
13
6
Message Follow Following Unfollow
Last visit South Africa
941
54
299
Message Follow Following Unfollow
Last visit
3863
10
1087
Message Follow Following Unfollow
GOLD
GOLD (US$/OZ)
Follow Following Unfollow
Market
Browse
Type
Browse
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out