OMNIUSD
OMNI ANALYSISOMNI seems to have entered a major correction.
We now seem to be in wave C, which is itself a complex pattern similar to the diametric.
We expect a downward price rejection from the Flip range.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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With the nice-looking impulse.
First!
Watching for the clues, it has completed.
It could be rolling still, a break of the inducement area would be a nice clue it has completed. Then would be watching the retrace to the GZ.
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Looking for these paths to play out for clarity to play off of.
Possible Elliott wave triangle here.
A break down and reclaim is a nice conservative move I am looking to play.
A break up impulsively, I would be watching for a retrace to play high.
The target for the triangle may vary. So agian, waiting for the price action to print down and signs of reversal.