ElliottWaveFxMajors

ElliottWaveFxMajors

XAU/USD is currently displaying a textbook triangle consolidation pattern as part of what appears to be wave IV in its Elliott Wave sequence. This corrective structure is developing after a strong upward move and shows clear converging trendlines with alternating A-B-C swings. Technical Analysis: Price consolidating near $3,044 level with minor bearish bias...

ElliottWaveFxMajors

Gold continues its impulsive rally, currently completing what appears to be the final leg of wave ⑤ within an ascending channel. This aligns with the larger Elliott Wave count we've been tracking. Key points to consider: Wave Structure : We can observe the completion of five internal waves within wave ⑤, with price now at critical resistance levels near the...

ElliottWaveFxMajors

As seen in the chart, I'm tracking a potential Wave 4 triangle forming in gold. The price action has respected the A-B-C-D-E structure so far, suggesting that consolidation might be nearing completion before a breakout into Wave 5. However, if the price breaks above Wave D's high prematurely, this would invalidate the triangle and suggest that Wave 4 already ended...

ElliottWaveFxMajors

Possible triangle

ElliottWaveFxMajors

UsdCad is currently in wave (c) of flat structure the chart shows us a impulse structure currently in wave ((3))

ElliottWaveFxMajors

Currently in wave 3 expecting to reach the 2.6 fib extension

ElliottWaveFxMajors

Please see related idea for bigger picture.

ElliottWaveFxMajors Updated 

Price is now near the 61.8 fib retracement from 13 Mar high, price can see 1.28 - 1.27 area

ElliottWaveFxMajors Updated 

Expecting GbpUsd to bounce around the 1.29 area, I think we can see 1.36 minimum for a bullish target.

ElliottWaveFxMajors Updated 

260 pip trade, keeping a tight stop on this trade but adjust risk-reward to increase chances. Lets See

ElliottWaveFxMajors Updated 

BtcUsd Elliott Wave forecast expecting wave 2 to end around 1100 area, with such a deep pullback wave 3 should reach the 2.618 fib level meaning btcusd can reach the 50,000 level.

ElliottWaveFxMajors

Looking for a pull back to the 200 ema Buy Limit with R/R 3.25 Entry Price: 1.2970 Target Price: 1.31 Stop Price: 1.2930

ElliottWaveFxMajors Updated 

Expecting to see 1.1865 minimum to see the end of wave (4)

ElliottWaveFxMajors

Expecting Wave (4) to reach minimum target @ 1.1860 before resuming lower.

ElliottWaveFxMajors Updated 

EurUsd should pull back before next entry, I'm already long from 1.15314 Risk Reward 1.4

ElliottWaveFxMajors Updated 

I think wave (4) is near complete looking for a marginal high before price falls to retest the lows.

ElliottWaveFxMajors Updated 

Elliot wave 4 correction wave 5 impulse

ElliottWaveFxMajors Updated 

A break above 151.23 invalidation level for my analysis would mean more upside, this could be a nice short opportunity coming if it stays below.