hy traders, here is my vision for AUDUSD in short-term : price is going to finish a wave 1 (expanding pattern) of a bigger wave 3 (or C why not...) -
hello traders, this is my analysis for AUD USD in a daily view : since a few weeks, i was waiting for the big pullback near 0.73 that finalize the construction of a big "marginal double bottom" (theoric target was reach 2016.04.20 at 0.7830 (200% fibonacci expansion) if i'm right,, this pullback could be wave 2 (or B) of the actual bull movement. (and so wave 3...
here is the technical situation of AUDUSD in TF15 : we "just" bounce on the high line of the Pitchfork and so price could reach the median line of this pitchfork soon (near 0.7500). But, we're also layed on a strong weekly support, around 0.7590, and this could be the level for the constitution of a "marginal double bottom", & so extraction of the Andrew's...
this is my daily analisys for DAX related to my previous post according to my elliot count and fibonacci levels, DAX is going to end a WXY corrective wave (wave 4). price just extract of a bearish flag which was wave B of the zigzag of wave Y. So we can expect the 61.8%, the 76.40% or the 100% level of fibonacci expansion (into the subwave Y of course). according...
hello traders due to my technical analysis, i have a very very very bull prediction for the german DAX. my Elliot count tell me that, after a small short around 8000 / 8100 (end of subwave 4 of wave III), price could go up for wave 5 (may be till the top of subwave 3 (median line) , or more why not (Mlh high)) . so, this count will only represent the expansion...
hello this is my technical point of view for the next few days : price could bear untill 0.7500 (not in a straight line !!), then it could "bounce" over the big cluster (see ellipse...). it's a realy amasing cluster : multiple fibonacci levels cluster / Andrew's pitchfork (one Mlh & 2 Median lines) let's see !
hello traders i think that in a few hours, AUDUSD will short strongly after contact with the 0.76600. in my graph, we are next of the wave 5 of V of the wave C of my corrective big wave. moreover we can see that the market has built a common chartist pattern, witch one announce a potential bear break
bearish market now for AUDUSD take care of the energy point at 0.71500
IF the trigger line of this beautiful Pitchork is broken, THEN short
hello traders this is my point of view for DAX30 in 1 hour time frame : price is actually constructing subwave 2 of a bullish wave 3. but i don't know if this correction touch it's end or not : it's possible that wave 3 of this correction wave is finished because 61.8% fibonacci expansion is a potential level for a "running flat" (but price just reach the 23.6%...
price is actually into a bearish flag, constructing a potential zigzag elliot's pattern that could put the AUDUSD on the 0.71160 level (witch is the neckline of an inverted head & shoulders, a pullback on a trend line, a fibonacci cluster (retracement + expansion), a retest of an Andrew's pitchfork MLH, and a potential bounce on the MA200.....). if the market go...
in this timeframe, a small head & shoulders has appeared & confirm that price could make a beautiful bearish movement untill my previous target. that's possible price make a wide pullback on the neckline, near of my "energy point", but i don't think so. according to the momentum indicators and the two "long term moving average", i think that the pullbakc is soon...
price seems to fail under the neckline of the big daily's double bottom. price just finishing a troncated wave 5 that ends the first wave in major degree (failed at the 61.8% fibonacci expansion of wave 1, witch is a potential target for wave 5). even if the price can grow up in a short term (for a retest of andrews's pitchfork ?), i think that price will break...
in this timeframe, we can see that wave 4 of wave V was a pullback on the 61.8% fibonacci retracement of previous wave C (for me it's a sign of continuation). furthermore, around 4740 points, there's a fibonacci cluster (100% & 161.8%) just perfect & certainly significative i think. moreover it seems that higher bollinger band (in strategic timeframe) will be near...
we are actually into the beginning of the wave 3 of the fifth wave of the first wave of wave IV !!!! (i love Elliot fractal view!) we are now attacking the median line of the first wave's Elliot channel,& price has broken the 61.8% of the expansion's Fibonacci ratio. Scalper could make a few pips with bull entry after a potential pullback around the median line or...