EamesAnalysis

EamesAnalysis Updated 

GBPCHF could be forming a flat corrective pattern. It has made the (3-3)-5 structure so far and has made the first wave of the 5 wave structure. If the 5 waves are made it would confirm the flat. The fist wave has been coupled with a correction which I expect to terminate at the 61.8% retracement. Following a break of this short term trendline it would confirm...

EamesAnalysis Updated 

I see GBPNZD to have made the 5 wave elliott structure. It appears to be making an ABCDE flag pattern (correct me if I am wrong or you see different). I am not fully convinced that the E wave has finished and it may continue down for a short period of time to create a 'throw-over' before resuming the upwards trend. I would wait for consolidation just below/just...

EamesAnalysis Updated 

I see bitcoin to have made its first impulsive wave up, which I took the fib retracement from. I extended the key levels I expect bitcoin to complete its 5-3-5 wave pattern at. After completion of the C wave, it should resume the upwards move. 38.2 seems where it will be forming what looks to be the 4th sub wave, and I expect to see the 5th sub wave to continue...

EamesAnalysis

USDCAD appears to be in the ABC cycle down. Wave C seems to be the current wave. The fist impulsive sub wave of the 5 (C) wave pattern has completed. Sub wave two has created a running flat (please correct me if I am wrong). From here I expect USDCAD to fall and go on to either create the 3rd sub wave (impulsive), or continue to create a more complex...

EamesAnalysis Updated 

If price breaks out of the range it appears to be 'stuck' in and comfortably reaches the highlighted area, then I would expect it to form a truncated fifth wave. The truncated fifth would also reach the monthly/weekly trendline and begin a sharp ABC downwards ending around 1.3-1.2. I would wait for a sell set up from the trend line. The only alternative to this I...