Eliotwave
Triple Combo WXYXZ.The market quickly penetrated the support line overnight and then reversed.
It may be too early to say, but it is a concrete sign of reversal.
The daily candle will probably close in "Evening Star"... to follow!
We can also notice a head and shoulder pattern on a 15-minute chart
Le marché à rapidement pénétré la ligne de support cette nuit pour ensuite se renverser.
Il est peut être trop tôt pour se prononcer mais c'est un signe concret de changement de tendance.
La bougie daily va surement fermer en "Etoile du soir" .. à suivre !
Nous pouvons aussi remarquer une figure tête épaule sur une chart de 15 min
USDCAD W1 1MUSDCAD near very strong suport made buy trand line from 2011 year. At the same time we have the and of correction Wave 2 of the Wave II. At the same time, we have small volume on thith level, it means, that big player is waiting for the next move up, whith position which was gathered during previous wave.
Chaykovskyy. Forex Education & Mentoring
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Gold up We just finished the primary w.4 with triangle correction, as we all know that triangle usually the move before the last move so now is the time for the last move w.5, we can see that gold just broke the triangle in which confirm the start of w.5 of primary degree. We can see that w.1 of the lesser degree is finish and we are now in the correction w.2 of a lesser degree. The ideal retracement would be around 61.8% of w.1 in which we are very close to that already. We also might also see w.2 retrace back to around 78.6% but the count is still valid as Long as w.2 is not exceeding the beginning of w.1. This is the perfect trade with really good ratio with tight stop loss and high profit!.
Back to 2017! It doesn't mean that this must be true. But I think it's the most likely scenario.
I'm not an expert on the theory of elliott waves . But this all makes sense ... look at the NVT indicator. We will be able to buy at very low prices.
I see the current situation so that the price is rising from the last strength, it is exhausted. The price has grown too fast. We need a great historical correction.
ETH Wave analysis All waves meet basic rules of Elliot analysis. As price chart display there is double stretching of third wave of the biggest order (green). In this green third wave there is yellow third wave which is also stretch. So on balance at the moment we are in fifth wave of stretch yellow wave.
Daily FB forecast timing analysis by Supply-Demand strengthStock investing strategies
View a Chart with Supply-Demand(S&D) strength forecast: www.pretiming.com
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
S&D strength Trend Analysis: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling fluctuations
Today's S&D strength Flow: Supply-Demand strength has changed from a strong buying flow to a suddenly strengthening selling flow.
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.3% (HIGH) ~ -1.3% (LOW), -0.5% (CLOSE)
%AVG in case of rising: 2.3% (HIGH) ~ -0.2% (LOW), 1.8% (CLOSE)
%AVG in case of falling: 0.8% (HIGH) ~ -1.4% (LOW), -0.6% (CLOSE)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.