I anticipate 4th wave to unfold as a triangle. For now we should expect a drop to finish subwave "e" of wave 4 then we should expect a motive wave to finish the 4th wave.
Structure clearly shows we are still on correction wave 2 regardless of breaking out of the channel. I expect push down to complete wave C of 2 before we resume bullish momentum
Given the wave structure presented now looks we are about to finish wave 4 which have retraced to 23.6% of wave 3. When this is done we should expect a resume of bullish momentum for wave 5 up
We are still on the corrective wave 2 of higher degree. We have made 3 waves down as wave W and now we are making the corrective wave X up when done we should expect continuation to the downside.
Our previous view was based on a possible 7 swing sequence complex correction. However with this update we can see that the was invalidated and now we expect an 11 swing sequence complex correction. I therefore expect a short drop to finish up wave Z then we will rally.
So far we have been bullish on DAX and a few days ago we started corrective wave 2 of expected extended wave 3. So now we should expect a short drop before we pick up back the bullish trend.
Looks like we are done with the 11 swing sequence complex correction. Now we should expect a continuation up to finish the ABC correction. When done we should expect a drop to atleast $40,0000. There is also a chance for a drop to reach $16,000 level.
We have made impulsive wave down and now we are correcting. When we are done with this up corrective wave B we should expect a drop to finish up the ABC zigzag of higher degree.
We are still on corrective wave 2 of wave C of higher degree. The wave is making an eleven swing complex correction. When done we should expect a pullback before a massive drop to about $16k
We are currently on corrective wave 2 making wave C to finish it up. When done we should expect a drop minimum to $40,000. However chances are we might drop further to around $16,000.
As posted before we are now done with corrective wave X which unfolded as a triangle. The triangle ended with an overshoot wave E. We made first motive wave down and now we are about to finish corrective wave 2. When done we should expect a continuation of the drop as shown on the chart.
The dax have made a clear complex 7 swing sequence. Now it is over and made first motive wave and an expanding flat for the second. I expect a rally atleast testing the top which should unfold as 5 waves.
Given the current wave structure. We are in corrective wave 2. A possible complex zigzag with wave x being a triangle. If the count is right then we should expect a drop of about 300pips to finish up the correction as indicated on the chart.
Given the current wave structure. We are in corrective wave 2. A possible complex zigzag with wave x being a triangle. If the count is right then we should expect a drop of about 300pips to finish up the correction as indicated on the chart.
We are currently making wave C of 4 to finish up the corrective wave 4. When we are done we should expect a continuation of the bearish trend for fifth wave.
GBPCHF is still in the 4th wave making a complex triple 3. We are currently on subwave c of the final y wave of higher degree. When this is done we should expect continuation to the upside to complete wave 5
We have been in this correction phase for sometimes now and it seems like we are done with it. We have made impulsive move down in Daily timeframe signaling the start of new phase. We are now correcting where we should expect to get our entry on h4 pullback on the golden zone. This setup is suitable for position trading as it will take longtime for it to get to...
In this view I see we are still on wave. Possible complex wave structure. When done we should expect price to drop