Running Flat in USDCADRunning Flat en USDCAD diario. Espero entrada en corto en el nuevo impulso cuando se forme otra bandera. Buscaré el primer Take profit en el bajo de la bandera, y el segundo profit en el -0,27 de Fibonacci.
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Running Flat on USDCAD daily. I'm waiting for short entry into the new impulse when another flat is formed. I'll look for the first take profit in lower's flat, and the second profit in -0,27 Fibonacci.
Running
S and P 500 Update. Rangebound but no strong reason to exit yetS and P is beginning to flag at these levels and looks like it needs a kick from the Fed to progress further from here. Be very careful here. We will likely top out between 2390 and 2400 if Yellen doesn't rise to the occasion later today
Feeder Cattle - In a running or expanded flat wave 4 It has been a while since I last updated my count on Feeder Cattle. In my update from August 8 - 2016 I called for wave (A) to be in place at 134.25. The price-action that followed, doesn't really support wave (A) having completed and therefor, the preferred count has been changed, to this count, which shows that only wave 3 completed at 134.24 and the ongoing wave 4 is now in wave C higher of an running or expanded flat, towards at least 144.60 and likely higher to 151.00 in a running flat. If, however the top of wave A at 151.20 is taken out, the target should be closer to 160,50 in an expanded flat correction to complete wave C of 4 and setting the stage for the final impulsive decline in wave 5 of (A). But for now, we should keep our focus towards the upside for a test of resistance at 144.60.
AUD/JPY Expanded flat? Running flat? Breaking down structure Hmmm as I progress understanding of wave theory, I like to look at the charts differently and expect the unexpected. This to me appears as a "expanded flat" I've quit trading the animals because Ive realized the importance of wave structure! Have a great weekend!
EURAUD- Watch out for this & other euro pairs big moves comingHello Guys I hope you are having good time, I'm expecting big moves in next month on all euro pairs: looking at structure of euraud a big impulse to upside is coming in next month.It will take sometime to shoot up because it need to breakout of weekly consolidation.keep an eye on it:)
US OIL ANALYSIS - DAILY VIEWHi Traders,
Here's part 2 of my new analysis on Us Oil. Already linked to my H1 analysis posted.
In the last period we have had a big impulse. As you can see it has 5 moves so it confirms an Elliot Motive Wave.
Then we have a typical ABC correction.
The thing is that the market has created a more complex structure, making it a Running Flat (B higher than the start of A, C end between A and B).
After the running flat happened we can now say we are going uptrend towards from 2 to 3 in the primary wave.
Looking for hundreds of pips on this long position!
Carlos
Bitcoin: A Longterm OutlookIt might take a couple years before another rally.
The next 4 months I expect price failing at the red trend line and coming back down to 220-300 depending on how strong demand is there and therefore if it's worth for whales to try running the stops bellow 230.
The 800-900 target is derived from meassuring the distance at the widest place within the triangle, and projecting that same distance (150%) from the (expected) breakout point upwards.
GBPJPY Update III : Running Triangle Near Completion On the 4h chart, we see that pair is still trading in a corrective pattern - running triangle. It has already completed red waves (a), (b), (c), and (d). That said we are now waiting for wave (e) to unfold. After wave (e) is completed we may see a reversal to higher levels in blue wave c-circled.
www.ew-forecast.com
GER30 possible salami crash running3 months earlier in January 2015 this stock market price was normal,
just comeback from bubble mode, nothing else
70% is owned by foreigners, hedgefonds, ETF
This conditions we had in 1998 and you can see the result.
QE of EZB is working and ETFs and Fonds did collect tones of money in March.
They are the temporary buttom fishers and well get more spezial offers down the way.
At the end the will sell in panic in a final selloff.
Just my two cents.
Whale analysis #1 - Stop runningAn easy method that I'm using to anticipate whale behaviour. Identify stop hunts, messure how much the whales drove price up/down to run the stops, and then project the same distance x2 to x3 in the opposite direction to have an idea around what levels whales would like to take profit.