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Ending Diagonal

Eur/Zar Potential Complex "B" waveIf you did not already get the first sell level I posted, or if you are in it... Watch out for an ending diagonal which would measure out perfectly to the 1.236 extension. From there, we may get a head and shoulders or flat type structure which could then turn into a WXY structure for a complex "B" wave. I suggest you watch the short video I posted on my channel. Link below. I do see some nice downside coming but that doesn't mean we can't get something to double top or break the high, but I see the sell as the next move.
Short
by thillygoosth
NZD/USD updateThere are 3 different ways that I see to label this wave down coming out of the correction. But either way, I don't see it as being in a running flat, but an ending diagonal to retrace. There is a very big demand zone here. I circled the 78% fib because I think that a good place to set a buy limit if it doesn't change its structure and it reaches it. it's breaking the low. This is a fairly large potential swing, possibly even reaching the 7000 level in the longer term. And you can always be patient and wait for price action to confirm...
by thillygoosth
2
EURNZD (Bat Pattern and Ending Diagonal) -1h ChartBat Pattern confirmations: - A-B must touch 0.5, but cannot touch 0.618 - B-C must touch 0.618, but cannot exceed A (FIbo A-B) or just keep an eye on that 0.236 - D completion at 0.886 (Fibo X-A) - Take profits at 0.382 and 0.618 (Fibo A-D) - Third TP would be long term back to where it all started Ending Diagonal confirmations: - 5 clear points - 2 clear consolidations - 0 to 1 same distance as 4 to 5 - Double top at point 5 Daily analysis of EURNZD at related ideas (scroll down) Good Trading. -1h Chart
Short
by DanielParra99
GBPJPY Gartley patternConfirmations for Gartley Pattern - A-B must touch 0.618 but cannot touch 0.786 - B-C must touch 0.236 but cannot exceed A (on this case its at 0.382 unified gartley ) - D completion at 1.272 (Trend Extension) or 0.786 from normal measurement - First TP at 0.618 (Fibonacci from D-C) - Second TP at 0.382 (Fibonacci from D-C) - Third TP would be back to where it all started Looking at 1000 pips long with this pattern after structures completes D Good Trading.
Long
by btocastillon
7
GPROGO Pro looks to be in an ending diagonal for it's 5th wave of long decline. looks to be retracing some at least. It can correct and continue up, but I would be looking for a 3 wave structure here then one more down. I will post it zoomed out so you can see what I mean. The top trend line can be moved up and this small wave can turn into a larger 3 wave. Whether or not you want to invest long term, check the fundamentals, I am not up to speed, but please look at my zoomed out post in a minute to see what I mean. It will probably at least be correcting down to the 200 ma, but safe entry was from the small ending diagonal.
NASDAQ:GPRO
by thillygoosth
BTC USD Double combo correction with ending diagonal?Maybe this correction is almost over and BTC 0.21% is printing a double combo ending in a diagonal. If so I'd expect one more run down here to stop at the lower trendline and then probably flat for a while before starting the next bull market. I'm waiting to see if we break out here and complete what could be a bull flag . If so I might buy the breakout. If we don't break out, I'll wait to buy at slightly above the lower trendline of the descending wedge .
by brettfb
Gold - XAUUSD (Harmonic Patterns and Wave Analysis) - 1h ChartConfirmations for Cypher Pattern: - A to B must touch 0.382 but cannot exceed 0.618 - B to C must touch 1.272 but cannot close below 1.414 (Trend-Based Fib Extension) - C to D must touch 0.786 of X to C - First TP at 0.618 of D to C (Fibonacci) - Second TP at 0.382 of D to C (Fibonacci) - Third TP back to point C Between A to B we can see a minor 2618 trade been completed with some confirmations: 2618 confirmations: - Double floor - Measure impulse - Retracement at 0.618 - TP at -0.27 Double Floor + 0.618 = 2618 At 50% between C to D we can see a major consolidation with minor harmonic patterns been completed within, first there was a shark pattern with a bullish impulse and began gartley formation for bullish continuation towards D completion of the Cypher Pattern. After Cypher Pattern was completed bearish impulse began with an Ending Diagonal been formed - 5 clear points - 1 and 4 overlap - Clear consolidations between each point 0 to 1: First I measured minor pullback by placing 0.236 below consolidation, got 0.5 as higher high of that pullback and went straight towards -0.618 for perfect support. 1 to 3: Afterwards major pullback retraced back to 0.236 making previous lower low a new higher high, got that good consolidation at top for bearish continuation towards point 3 3 to 5: Between 3 to 4 we have and ABC pattern retracing exactly to -0.618 making previous lower low a new higher high for Ending Diagonal completion. I measured 2 to 3 impulse with Trend-Based Fib extension and got 1.272 exactly at point 5 where it left a wick, plus got -1.618 from minor pullback as support near 1.272. At this point I expect some type of consolidation or retest at point 5 for bullish impulse towards 0.786 - 0.886 area. Good Trading. - 1h Chart
FX_IDC:XAUUSDLong
by DanielParra99
1
NZD/JPYI can draw this out differently. I can move the 5 wave to be a larger leading diagonal pattern to end at "B" considering it broke the high in an impulse, which may be more accurate, but that still gives us a 1-2-3 correction. I can W-X-Y it also. The reason I drew it like this is because I wanted to point out that there are overlapping diagonal patterns ending at the .618 retrace. It has been going down and down, looking like instead of further correction, it made a running flat to go down, but then it did another one, just basically creating an ending pattern. The swing pattern says a lot of potential upside. We can even get one more up and down, but the way it looks I am on the buy. Mine is stop in profit lower though. If it were to break to downside, I still consider the swing pattern unchanged and will be looking to buy again. Like I said, it came off the 800 on the weekly and this is a crucial level and spot in pattern for reversal....
by thillygoosth
2
EURJPY / H2 : Ending Diagonal scenario triggeringHope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. All my scenarios and portfolio managements are explained in a daily basis on my Youtube channel. I can't post the link here without breaking the house rules, so I'll invite you tu use your favorite search engine to find it ! The English videos are posted upon the "Market Forecast (ENG)" Playlist. Kindly, Phil If you want to learn more about the basic rules to trade with my indicators here's the educational video link :
Short
by PRO_Indicators
3
DXY - Hibernation Over - Ending DiagonalDXY has been rising a lot recently, as per the previously posted Part 1 of 8 - USD alias "Dollar Hulk" - Green Bull Rodeo article. It could be getting the hammer soon, as multiple signs are pointing towards a Bearish possible outcome: -Expanding Ending Diagonal within Minute V (green) -Contracting Ending Diagonal within Minuette (v) (black) -Bearish Divergence (double confirmation) -Fibonacci Extensions alignment
TVC:DXYShort
by Lionheart-EWA
14
WANCHAIN ENDING DIAGONAL FOR WAVE 5?Heres a potential trade for Wan, green box will be a potential entry, if the volume is there too! Which is important, so you don't get bull trapped, and red box will be where i'd set my stop, a tight stop, because if we fall through the black trendline, the count changes! However, at the moment I'm seeing it as an ending diagonal about to go up for a final wave 5. So ill be watching for an entry at the extreme of the B wave coming down (green box) and riding it up to the top taking profits on the way. IMPORTANT: What confirms that we could still get higher, is because i only count waves 1,2,3, and potentially a completed wave 4. We can see an we've had an exact 1:1 hit, for our big wave 3 up (pulling from our big waves 1 & 2). So because our wave 3 is in, and potentially our wave 4 also, the highest probability target for wave 5 is always the 1.618! But because of our deep wave 4 cutting into wave 1 territory, our impulse up has become an ending diagonal. Which I'll be looking to play up to the top black trendline. But the most bullish outcome is if we do hit the 1.618, which is the usual target for our wave 5, when wave 3 is 100% of wave 1, which it have hit TO THE TICK. IF WE DO ENTER THE RED BOX ALL BETS ARE OFF, BECASUE THAT WILL MEAN THE CORRECTION ISNT FINISHED FOR WAN. AND I WONT BE ENTERING UNTIL WE BREAK PAST THE GREEN BOX WITH CONVICTION. If I'm feeling aggressive id scalp that nice 5% up to the green box (my entry for the big wave 5 up). By entering now with the green box as my target. Its the more aggressive play. **NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
Long
by Etsua
1