Wave 4 i can't get to wave 1 Target of wave 5 is the 618 of wave 1-3.
If recover 1.1100 would think that 5 has been started
Double divergence defining the ending of wave 5 fractaly. Im waiting for the news. The target of ABC correction is indicative.
wave 5 could be starting. divergence on the end of wave 4
The 3-wave projection is 1.618% of 1 to 2 pulses. Waiting for FOMC news with buying positions, seeing this momentum, tomorrow's news could make a bear trap, hitting stop losse to find new purchase orders. We'll see what happens,
The ABC correction could have been completed, now a movement of 1 to 5 is expected in search of new highs. SPX near maxiums
Divergence between A and C.
GBPUSD in resistence zone, confluence with weekly pivot points.
Incredible risk ratio is providing right now if the market confirm the end of wave 4. We can draw a channel and enter when it get broken, but enter now give us a better risk ratio. EURUSD is doing the opposite movement, even better because it's under more, thats mean the EUR is weak. The last word has the market
Seeing today's momentum, and the 0.618 break of the momentum that took a few years ago I do not think it will go down in the medium term, or maybe we are seeing that the major currencies are weakening, boosting the price of the largest economy in the world. This is only futurology. All I know is that the 98 broke.
Only i dont like is dollar is getting strength, that can cause gold to weaken
Have finished the last counting with ABC corection on 382 retracement. That could be the next Elliot counting to got max.
Seems about wave 5 finished. Waiting for ABC correction
seems like elliot wave patron have finished.
Elliot count finished, could see a retrasement to de golden zone between 382 and 618.
LONG - NZUSD - FIBONACCI/DIVERGENCE
Could be starting a 4 wave. Can see the a clear 3 wave with a divergence on max. Likewise we have a triple top, with a false breackout. To define the stop loss i use a fibonacci retracement how seems respected. Let's see where the market takes us