sharing_is_caring

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as stated in previous chart, this made running flat. all tho i was aiming for expanded flat. so for now if this brakes and falls down below parallel line than we can label it as running flat. till its inside the lines it makes more complex structure.

sharing_is_caring Updated 

beautiful example of a whole cycle! a motive wave with expanded 3th wave and running flat correction! all sub waves r clearly visible. so here im expecting a start with a big descending in EU. BUT as also we must look in opposite direction, and im seeing a big divergence in rsi which may indicate three things.. (reversing in sight, correction in sight, or its...

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these r my medium term expectations for now. BUT if that red line at resistance is broken significantly than this chart is not valid. also im expecting some divergence in this last sub wave.

sharing_is_caring Updated 

with last descending predicted wave a diagonal should be finished. after that im expecting correction for downward! update will follow in comments or next chart.

sharing_is_caring Updated 

now here we have two scenarios, the parallel lines same as previous chart (in comments) showing for running flat all to the red line, and above that red line from 1.13 up to 1.618 fib is expanded flat. also it can vary and deviate but those r most common...

sharing_is_caring Updated 

nothing changed in bigger picture, just there r lot of possibilities of what kind of structure will make, so this is my viewing... ill go with contracted flat cose that C wave if goes as per chart, at c point will be finished and after that next structure would be in opposite way. BUT it may be just part of bigger structure that will drop some more for regular flat.

sharing_is_caring Updated 

gold seems to making diagonal on daily tf. with braking the top the structure would be finished but where it will find the resistance and turn point i dont know, must check previous resistances at those lvls

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this looks like finished diagonal and that steep move down i think says that after a correction will go further down. example in weekly chart.

sharing_is_caring Updated 

following the previous chart on smaller time frame

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update on smaller time frame of the previous chart! the price looks like its dragging along that trend line and i think it will brake it downwards.

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that channeling in blue lines looks like ending diagonal and that makes it finishing part of that H4 structure so is that move downwards a beginning of a new structure which will weight lower remains to be seen, but as it starts it looks like leading diagonal. OR it will respect that channel again and will be carried higher.

sharing_is_caring Updated 

with the previous chart (in comments) we got nice up movement which came to be last part of B wave and the price turned down for wave C. since its going all by the book i will assume that it will be regular flat and will swing up at that red lower parallel line! BUT we must see the price movement at that lvl.

sharing_is_caring Updated 

if that red diagonal is last part of the correction that would make contracted flat and that big long candle would be impulse for upside.

sharing_is_caring Updated 

since we dont know if this is finished correction or part of a more complex structure im assuming more possibilities.

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my wild guess is its gonna be diagonal after which a correction will follow and will proceed down.

sharing_is_caring Updated 

following repeating patterns (in updates) on monthly chart im expecting dollar to go much more higher, and looking at these structures to me it looks like those last structure fractals (in updates) are finishing running flat and will burst up!

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one side 5 wave motive, other side 5 wave diagonal! on 4H tf is visible ending of complex abc corrective structure and this is the beginning of another structure...

sharing_is_caring Updated 

so for now wave B from the bigger blue corrective time frame structure seems to be finished! last part of that pink three wave structure looks like diagonal /red/ and with that long wick i think it points out that we r on reversal. my thoughts r that even if it brake the low again it would change nothing, cose that small red diagonal it may have another lower low...