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Correctivewave

FINAL ANALYSIS IN EURUSD - 4H CHARTHey Traders, Just wanted to share what I think is my final analysis on EURUSD. 2 chances Red: More upside and then complete the 3 wave correction in a sharp shape Blue: One more down before the C wave. - Hey Traders, Solo quería compartir el que pienso será mi análisis final en EURUSD. 2 posibilidades: Rojo: Continuación al alza para terminar la correción de tres movimientos de manera afilada. Azul: Un movimiento más hacia abajo antes del tercer movimiento de correción C.
by ccerezo11
1
Elliott & Harmonic OutlookMedium Term Bullish Long Term - Bearish 3 Bearish Harmonic Patterns are emerging, which are :- 1-Gartley 2- Anti Nen Star 3- Anti Alt. Shark I Think currently there may be a bearish correction within the bearish dotted yellow channel . Long entries can be placed on the breakout of that yellowish channel aiming the targets at which point D of the harmonic patterns is reached . The first minimum target is at the completion of the Gartley Pattern After the completion of the harmonic pattern , look for selling using any confirmation tool such as oscillators divergence of volume spread analysis , etc.. Elliot wave counting is indicated showing that , bullish wave c of a corrective ABC structure is being in progress . Currently , the bearish wave 4 maybe in progress , and we are waiting for the bullish impulsive wave 5 at which wave C of the corrective structure completes
by MohamedMagdy
XAUUSD WAVE ANALYSISLong term gold technical analysis . the green horizontal line is a critical support . Breaking it down then retesting it would be a sign of a strong bearish move. . However, The break up of the red triangle would be a sign for a bullish move to complete that corrective abcde structure in which you can go long after the break up of those correction patterns that maybe formed whatever they will be !! if price break up the red triangle and couldn't far to point e and then went down and broke the line horizontal green support , that may indicate the beginning of a strong impulse wave 3 in the down direction in which the targets will be calculated with respect to the five waves formed in the red triangle which will be then all combined equals wave 1 of a bearish market Elliot wave !
FX_IDC:XAUUSD
by MohamedMagdy
Bearish Inverse AB=CD Bearish Inverse AB=CD Oscillator Divergence in both RSI and Awesome oscillator . The blue uptrend channel forming the BC leg was down broken indicating shift in the bullish trend to the downside . The downside breakout of the bullish blue channel forming the BC leg is tested by a wide range up bar closing near the middle and with a low volume indicating sign of weakness for the uprising market .. More volume spread analysis test bars should be waited to confirm the next bearish movement .
FX_IDC:XAUUSDShort
by MohamedMagdy
1
Elliot Wave Analysis - Medium TermWe are currently in a bullish correction of wave 4 which can be a Flat correction or ZigZag The breakdown of the green line confirms the end of bullish correction of wave 4 . A short entry is possible after the breakdown of that green trend line to the target of wave 5 shown in the pink circle The correction of the current wave 4 can go up to the 2.618 red fibo level which intercept the upper red line of the current main bearish channel which seem to be a Diagonal Pattern **If you like the analysis give a LIKE and press the FOLLOW button to get the latest ideas Thanks
Short
by MohamedMagdy
1