UnknownUnicorn3206568
everything on chart. if you have a question, leave a comment. FOR EDUCATIONAL PURPOSES ONLY.
this triangle represents a high probability area for a reversal. why? 1-because we are now in Y wave and according to channeling technique, this zigzag should terminates in lower line of the channel. 2-using fib extension tool,the triangle is present in 1-123.6 % extension of wave W. 3-using fib retracement tool, .618 % retracement from previous impulse is present...
FOR EDUCATIONAL PURPOSES ONLY.
According to EWP, what i learned is the market moves in motive wave (1) followed by corrective wave (2) then another motive wave (3) then corrective (4) then motive (5). or, motive (A) then corrective (B) then motive (C). in conclusion, we should at least get a wave to upside. TAYOR.
ETHUSD completed an expanded flat as wave 2. we could be now in the 3rd wave.
just a scenario suggests that we are in the beginning of a 3RD WAVE.
i think we are in a correction now.
ETH/USDT is approching support and price could bounce from there. According to depth of corrective waves guideline,correction ends within previous 4th wave of one lesser degree. w=y at 225. GL to you all.
GBP/AUD completed a leading diagonal wave 1 (or a).now, wave 2 (or b) is unfolding in 3 waves.after that, GBP/AUD should go up . GL to you all.
ETH/USDT completed 5 waves up (wave 1). now, we are in a correction (wave 2 ).after the end of the correction, 3rd wave is coming which is supposed to be the longest and strongest wave. GL to you all.
We are now in c wave of y of y. target marked by blue line. trade at your own risk.