MohamedMagdy

MohamedMagdy Updated 

Two Scenarios shown by the green and yellow arrorw Trade the breakout

MohamedMagdy Updated 

Bullish Butterfly

MohamedMagdy Updated 

sell the final bearish impulsive wave 5 which is part of the bearish wave C

MohamedMagdy Updated 

trade the breakouts

MohamedMagdy Updated 

Please Note Two different Elliott wave counting are shown Short term bearish Medium term bullish

MohamedMagdy Updated 

Bullish wave 5 is in progress in which Truncation may occur . Emerging Bearish Bat Sell The Breakout to the targets

MohamedMagdy

Currently the bearish corrective wave 4 is in progress . It may be a double zigzag or triangle ! Look forward to long the last final impulsive wave 5 on the breakout of the green triangle

MohamedMagdy Updated 

Buy the breakout of the pink down bearish channel Sell the breakout of the horizontal dotted yellowish line for bearish wave 5 continuation

MohamedMagdy Updated 

Bearish Anti Alt. Shark Emerging Flat Corrective structure is forming . Currently , the last bearish wave Y is in progress

MohamedMagdy Updated 

a bearish corrective ABC Zigzag is in progress , in which the last bearish impulsive wave is forming . The internal structure of the Zigzag is 5,3,5 You can Sell to the target of wave 5 Long the breakout of the down green channel to the target

MohamedMagdy Updated 

Currently , expanding triangle is in progress which is a part of bearish C correction of an ABC corrective structure that forms wave 2 Buy the breakout of the expanding triangle which indicates the start of the bullish wave 3 Initial three targets are shown by the up green arrows . The invalidation level for that setup is shown in red !

MohamedMagdy

Sell the breakout

MohamedMagdy Updated 

Sell The breakout

MohamedMagdy Updated 

Sell The breakout Bearish Bat Formed

MohamedMagdy

The breakdown of the current channel confirms the beginning of new bearish impulsive wave 5

MohamedMagdy

Two scenarios are shown , bullish and bearish , Watch for the breakout in any of the both scenarios If price action respected the invalidation level " zone " as a key resistance , then one more impulsive bearish wave 5 is in progress

MohamedMagdy Updated 

Irregular Flat Corrective Structure is in progress

MohamedMagdy Updated 

Emerging Bearish Anti Crab ABCDE Corrective Triangle structure is forming The bullish and bearish scenarios are shown in the chart . The bearish one is more probable i think !