UnknownUnicorn26052368

UnknownUnicorn26052368

Gold seems to have more room to cover to the downside. According to my Elliot Wave Analysis, this pair has an extended wave 5 which may form its sub wave 4 this week(short term long). I expect the Pullback to 1803.69 to as act as resistance and further push the price down to complete the wave 5.

UnknownUnicorn26052368

This pair is obviously in a downtrend but price has currently come in contact with a monthly RESISTANCE and support TRENDLINE (validated by 3rd touch) resulting in a possible double bottom with a clear DIVERGENCE. With all these CONFLUENCES coming together, I'll be looking to take a long position on the 3hr timeframe once the LTF trend begins to shift in line with...

UnknownUnicorn26052368

This Pair's overall trend is bullish. It recently completed an ABC pattern and looks to begin wave 5 of the cycle. There's a lot of choppy price action on the 4H timeframe so I'll be sitting out until a clear high and low have been formed to take a long entry.

UnknownUnicorn26052368

The DXY seems to be forming an ending Diagonal on the daily time frame. Currently, there's an ABC pattern in formation which may result in an E wave as it appears to be the D wave of the diagonal. For this idea, I'll be taking XXXUSD longs for the short term. And on completion of the ABC pattern, possible XXXUSD shorts.

UnknownUnicorn26052368

The main trend here is bullish. The price is currently making a deep correction to the 50EMA , Support Zone between the 132.107 to 131.615 and Trendline CONFLUENCE area which meets my criteria for a possible trend continuation.

UnknownUnicorn26052368

USDCAD seems to be in some form of correction. It is currently bearish on lower timeframes which I believe may be the C wave for the correction which may continue the bigger uptrend. We may trade this downward move while we wait for the bigger buys. View chart for a slightly clearer breakdown. Trade Safe.

UnknownUnicorn26052368

This pair's not the fastest but here's how that abc worked out. Unto the next.

UnknownUnicorn26052368

For the first time in a long time, price broke and closed below the channel and 50 EMA. Could this be a retest to rally higher or complete reversal? 1.The RSI went oversold on the daily. 2.RSI divergence on the 4H. I can spot same attributes from October 2021. And we all know that nothing's new under the sun. Trade safe guys! PS-I can't spot any safe entries....

UnknownUnicorn26052368

The 4H clearly shows a potential abc pattern which could lead to trend continuation. Hoping to get in on the c wave. Trade safe guys!

UnknownUnicorn26052368

So UCAD played out as planned. Hoping to get the fifth move. Trade safe guys!

UnknownUnicorn26052368

I believe the chart is self explanatory. Price Action never lies.

UnknownUnicorn26052368

I believe the chart is self explanatory Price Action never lies. Keep an eye on this guys! Trade safe!

UnknownUnicorn26052368

1W - Bounce off trendline 4H - Descending ABC wedge Break out of flat ABC correction Anticipating a correction in form of retest or pattern for entry. PS - Not a fully developed idea but looks promising. Keeping an eye on this one.

UnknownUnicorn26052368

1W - Rejection of the 20EMA and downward trendline 1D - Double top at the weekly trendline 4H - 1st Impulse move which breaks through the neckline ABC correction 2nd Impulse move Another ABC correction 1H - Minor abc correction Entry will be a break of the minor abc correction to possibly catch the 3rd impulse move.