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Regularflat

GOLD XAU ShortThe craft of trading is like solving the greatest financial puzzles using mathematical equations and behavioural structures. F Gold has been one of my favourite markets to trade due to its structure, and precious ability to act as a safe haven when everything looks gloomy. I am not painting gloom as yet, but will definitely capitalise on the next drop. Don't miss it!!!!! We have what looks to be a 3-3-5 regular flat forming on a daily time frame, and a subway 4 correctly completing. A break below this trend line and gold could give back 2017 gains touching its January 2017 open of $1,150, coincidentally this price also sits around clusters of major Fibonacci levels. Preferred Yellow: At any point, price down rapidly fall from here. If the DXY (US Dollar Basket) recovers, this will support the drop. Watch the RSI to cross. Teal Projection: Second scenario would be one more wave up to extreme level. then fall. If GOLD can follow this structure and complete the arrows, I will be EXTREMELY BULLISH in 2019 on gold, gold stocks and gold ETFS as this could signal the recession.
FX_IDC:XAUUSD
by TradersMission
EW ANALYSIS: EURUSD Can Be Headed Back To 1.18!!Hello traders! Today we will talk about FX:EURUSD before tomorrows Congressional Elections, so something big can be preparing. What we see is that EURUSD bounced exactly from 1.1300 strong psychological support level for the second time, which looks like a potential double bottom formation?! Not only this, even our primary tool Elliott Wave suggests more upside within a big (A)-(B)-(C) regular 3-3-5 correction, where wave (C) is still missing. That said, we can expect another five-wave rally within wave (C) back to 1.18 area to complete the corrective pattern! If from any reason breaks below 1.13, then we may adjust the view. Good luck and trade well!
by ew-forecast
6
XRP is going to be a nice buy! Hello my Crypto friends! Today I'm posting update on XRPUSD. In my previous XRP analysis, i forecasted an impulse up. XRP went up, but I don't like how this move behaves. It's too corrective for the impulse in my opinion. So, I'm only changing the view of this correction. I think XRP is in the B wave. I'm expecting down move before the impulse. Guys, don't miss this trade, it can go like a rocket. So keep an eye on it, be patient & trade with care! REMEMBER: I'm only interested in the buy! So, please don't jump in buy to early, patience is the key! If you want i will do update on this pair! Don't forget to hit the like/follow button and write comment! So keep an eye on it, be patient & trade with care!
KRAKEN:XRPUSDLong
by AntonioM
1
ETHBTC Can Be In The Final Stages Of CorrectionBITTREX:ETHBTC looks pretty clear with five waves up from lows and regular 3-3-5 three-wave A-B-C correction. ETHBTC currently trading in wave (4) of C from where we expect another decline into wave (5) of C towards 0.070 psychological strong support level, where ETHBTC may come to the end of correction. Just keep in mind that we need impulsive five waves up from that projected support and break above 0.100 level to confirm bullish reversal!
by ew-forecast
12
$EUR vs $AUD 4H Chart.Identifying Patterns | #aud #eur #aussieTraders, EURAUD is in correction since 01.06.2017, and this is an attempt to identify the patterns in order to understand the bigger corrective structure of the 4th (4 circle) corrective wave. We need some more info which would make the analysis more accurate but taking some standards into account, we can build a trading plan. Looking inside at the potential flat pattern which still, we don't know the nature of it, as it could be a regular, expanding or running. 1 - Wave-A has been developed into a Zig-Zag pattern (A)-(B)-(C), with a more complex internal (B) corrective wave structure developing a Double-Zig-Zag Pattern, ending at 1.44176 2 - Wave-B is probably developing a bigger Double Zig-Zag Pattern. The first target of the wave is the previous swing high ( the origin of the wave A) at 1.52268. If price reaches the target without breaking it the scenario with the Regular Flat Pattern is in play. On the other hand, if price breaks the target then, the Running or the Expanding Flat Patterns are in play. 3 - Wave-C, the last wave to complete the Flat Pattern, should probably be a motive wave, developing 5-wave sequence. Trade with discipline Best
by ChrisMark
16
EURGBP Daily Chart. Possible Regular Flat, Next drop coming?Traders, EURGBP has been in Weekly correction since 07-10-2016 by the end of 5) impulsive wave. Looking for bigger WXY ZigZag 5-3-5 structure 1- W impulsive wave ( 5 wave structure) 2- X corrective wave (3 wave structure) possible Regular Flat (A-B-C circle) 3- Sell the next Y impulsive wave Watch for short opportunity after a break of the daily trendline, and a correction -if price break above 0.88500 area structure change. Trade with discipline Best
Short
by ChrisMark
Awaiting Support Break: 7095-7110This pair appears to be nearing or has already finished a sequence to the upside that may finalize an upward double correction. We'll use the grey trend line break to determine a short term top is in place then consider short trades back down towards .69. So this is a break out trade and risk can be set just above the swing high. Longer term charts (not shown) house a meaningful wave relationship support near .6830. Therefore, just look to take a slice out of this market.
Short
by JWagnerFXTrader
1
3 Waves Here, 3 Waves ThereEURUSD continues to carve a sequence of 3 wave moves. The pattern since mid-July shows an equal wave zig zag followed by a flat correction. Nothing earth shattering from a trading perspective as indicators are mixed which supports the idea we are stuck in a correction of which we are currently in the middle. Look for extreme edges of the range to consider meaningful trades. Here is a summary of the main variables/indicators we watch: Elliott Wave Count - we appear to be in blue circle v of c - this means we are approaching ending waves at smaller degrees and prices may correct lower once these ending waves terminate Wave Relationships - we look for harmony in the wave measurements and two of them show up in 1.1230-1.1330. Next level of wave relationships are in the low 1.14’s (short term bullish; medium term bearish) SSI - current reading is -2.1 and this has dropped from -1.4 over the past week. Long positions are down 8.7% from last week and short positions have grown +29.8% over last week. Traders are clearly shifting to the short side. SSI is a contrarian indicator. (bullish) OBV - Volume is beginning to diverge compared to the latest peak from July 27. This indicates a lack of conviction and probable continuation of range trading. (bearish from higher levels)
Long
by JWagnerFXTrader
7