STJL is on the trend line. Will it break short or reverse long
Wave 2 correction is completing and is ready for the wave 3 move short.
The Correction for the downtrend is nearly finished ready for the next impulse down.
Flat ABC wave in progress. once this is complete go short. If your feeling daring then go short now and suffer the C wave retrace but make you you watch it. Happy Trading everyone.
On completion of the current C wave in progress, I would expect a short.
Nice C wave of good amount of pips coming. After that go Long on the impulse.
Long set up forming. Waiting for wave C to go to between .5 and .618 for the move long on the bigger wave 3. for extra confirmation, wait for the break out.
GER30 completing the c wave of its retrace. this is wave 2 of the bigger cycle which will pave the way for the mighty wave 3.
ABC formation completing. Buy short on the breakout of the support. for extra confirmation go short once the price range of wave B has been exceeded in the short direction. Once the price has dropped lower than the wave 5 price range, move stop to break even.
GER30 is in the process of completing its C wave which is part of a bigger wave 2 retracement. The bigger wave 3 Short which will be a massive pip gainer.
On the 4 hour, the corrective (WAVE 2) is at 61.8% retracement. Go short on the break of the support trend line.
After a 5 wave move down, the ABC wave is ending. next move short.
Elliot wave 1 coming to an end so after the retracement will be the short on wave 3
Finished the Elliot wave 1-5 move and now in process of the A wave of the ABC move. Once this is complete could move short for waves 1-5
1-5 elliot wave finished and now in the process of the A wave long. Wait for the b wave retracement and go long on the C wave.