MohamedMagdy

MohamedMagdy Updated 

Bearish Wave C is forming of an Irregular Corrective Wave Structure

MohamedMagdy Updated 

BEARISH SHARK ELLIOTT WAVE 5 in progress sell the breakout of the green bull channel

MohamedMagdy Updated 

Sell The breakout of the triangle

MohamedMagdy Updated 

Zoom in for more details , Medium term bullish , while wave c is forming Long term strongly bearish This chart is published for educational purpose only Wish it is useful to you :)

MohamedMagdy

Bearish Corrective Wave 4 is forming , it maybe a triangle of WXY corrective structure , The breakout to the up side of the dotted yellow resistance triggers bullish wave 5

MohamedMagdy Updated 

Sell The breakdown of the red channel

MohamedMagdy Updated 

Emerging Impulsive Elliott Wave

MohamedMagdy Updated 

This Trade Idea is based on volume spread analysis

MohamedMagdy Updated 

The Final bullish wave 5 of the bullish WXY correction is in progress Then a deep bearish move forming the last major wave 5 will be triggered and confirmed by the breakout of the yellowish dotted up corrective WXY channel

MohamedMagdy

If this scenario is correct , then we have wave 1 being extended , and according to Elliott wave rules wave 3 can not be the shortest , thus wave 5 must not exceed the invalidation level shown by the dotted red horizontal line . This completed impulsive wave forms bullish wave A of a bullish corrective structure ABC , The breakout of the dotted blue support...

MohamedMagdy Updated 

Bearish Anti Shark with bearish divergence in RSI and sign of weakness in the bullish momentum and bearish AB=1.27CD

MohamedMagdy Updated 

Bullish Wave 5 is in progress Buy the breakout of the pink line to the targets of wave 5 at Fibo level 0.618 or 1.0 The red box is a potential reversal zone of wave 5 to the down side

MohamedMagdy Updated 

Sell The Beakout

MohamedMagdy Updated 

Bearish Bat & Ideal Bearish AB=CD Sell The breakout of the red support line

MohamedMagdy Updated 

Buy the breakout of the blue resistance line Sell in case of the breakdown of the blue support Flat WXY Corrective structure is supposed to be in progress

MohamedMagdy Updated 

Sell the breakout of the Ending Diagonal Bearish Alt. Bat

MohamedMagdy

Sell The Breakout

MohamedMagdy Updated 

Bearish Shark Formed I think the extended W#5 is completed by the breakdown of the blue uptrend line . Currently we maybe in a bearish correction targeting the 0.618 green fibo level