ezodisy

ezodisy

Looks like we're in the third leg (C) of a correction. This also may be wave 4 of 1, with a reversal on the next low. It's not clear how this pattern will emerge or finalise (already spiked above the high of (A)), but this pair remains a sell on weakness.

ezodisy Updated 

It looks like a low may be in for this enormous correction. I'll post a close-up of the last leg below.

ezodisy

Considering a flat and then a move lower for wave D of the larger ending diagonal. Another high then a turn down. Or if the high is in, sell a correction.

ezodisy Updated 

Working on the idea that a 5 down is complete, we are in a correction now, C wave of a larger A. Continue to sell weakness.

ezodisy Updated 

Expecting a turn south here for three of C of the larger pattern. Abort above yesterday's high

ezodisy

daily - This pair is a sell underneath the broken trendline. Just be wary of another leg up for E of a triangle if price moves lower (the low would be D of the tri)

ezodisy

The 4 hour chart shows a clear 5 down, so we may see a correction into next week's Fed announcement. The alt is that we are in a larger wave 3 already, and this correction is wave two of 3 before a hard decline following the next price rejection. Any corrective structure should be sold as we've had a strong impulse down and the recent high should be a top.

ezodisy

Possible 18 month triangle about to end, with one thrust up followed by a reversal down. There are many counts here.....We're not puking lower, so this is possible.

ezodisy

correction for d of the ending diagonal

ezodisy

Looks like an ending diagonal for the fifth and final wave. This would align with eur/cad and usd/cad which should have another move higher.

ezodisy

This pair has drawn out three waves down from the last high. It may be forming an ending diagonal here for another move higher. There are several factors suggesting another impulse up to come -- fibs, divergence, monthly structure (ED). Very good R/R here. For a safer trade, buy on a break of the trendline from 81.46.

ezodisy

Still tracking this bastard, which I think is putting in a bunch of threes. I'm looking for another swing higher from the 1.4400 area, still aiming above 1.48x.

ezodisy

It looks like the correction has ended. Watching for 5 up to buy a correction for what would be an enormous move to the upside to follow.

ezodisy Updated 

The correction of wave 1 has reached the 50% mark. Looking for price to stabilise here and start wave 3.

ezodisy Updated 

Looking for one more low to complete wave Y of (Z). Bullish above 1.418x

ezodisy

After weeks of gyrations, I think it looks most likely as a triple-three (WXYXZ), with one more low before a sharp turn higher. The moves since Brexit have been in 3s up and down. If this is correct, watch for a spike lower on ECB news this Thursday. Risk is definited as 1.418x. Alternatively the low is in already. I am not bearish here.

ezodisy

Looking for a bit lower to complete a 5 down. Will then sell the bounce of wave 2. On larger time frames this pair is a sell.

ezodisy

Admittedly this pair looks very weak, but so long as 1.418x is not broken, it maintains a bullish slant. Price is wedging steeply on the 4h for an ending or perhaps leading diagonal.