DXY - potential short I have this idea .. so I think we finished the Up wave (potential last wave) but next probably we will go down.
From my point of view is it possible an inversion of EURUSD trend. Now we are at the end of primary cycle of Elliott and in a potential rebound. The trend created an Head and Shoulder patter (50% possibility) in a critical support area tested more time. So if the price break this area we can have a potential rebound until 1.07 next demand area.
I share whit you my GBPUSD plan In the next days we will have a short trend.. I hit my first target and I attend a signal for the next move. Now the cross are touching su resistence area and it is probably a next short leg
This is my idea for NatGas. I think after this rebound we can start soon the 3°wave... After the first wave that had hit target we had a potential 2° wave (less than 100% of 1°) so before the next wave, we can have a retest of support area but in any case my stop is under 1.5$. Area between 2 and 2.4 is good for accumulation long position. Analisys is for weekly...
We are in demand area in oversold. I suppose a new long wave until minor supply area
In my mind, now we are in Pulback phase on 4° wave. Probably we will go down until 1.078 more or less and than find liquidity for final long 5° wave. Target 1.12 in Supply area
This is my personal view of this moment. I think we are on rebound of 4 minor wave of 3° major. I find a potential support area where it can be finish.
This is a good price action about 3 Elliott Wave Open a long after break of wave 1 top
Potential ABC could be ongoing.. open a long position only after 2,8 break
Set up Long active This is a good opportunity with low risk.
Retest of 0,61 unitl leg 1 double bottom above support area -- false break out with recovery of price livel .. potential upside for the next move.
accumulation of new position I have three position long .. this is the last for a potential C
After this periodo the cross created a nice pattern for a new long legs. My trigger has green light and stop loss is really close .. so
retest of support area I Open a new long position for this trade
There are some information that suggest a short trade will continue. 1- there is a H&S pattern under creation .. we can close the right should in the next day and broke the neck line... 2 - triple top done 3 - COT suggest and increase of short by Large traders 4 - recession is ongoing .... and Oil consume also. 5 - Elliott forecast suggest the possibilities of...
I follow this cross and in this moment there are possibilities for a big up until final 5 wave target
After this double face the cross can go up directly
After this pullback the cross will start a new long trend.