paulselvan

paulselvan

price near (a) level and in the middle of the long tem bullish canal

paulselvan

USDBRL is oversolding near blue support . It is retracing on it , as wave-4 or as alternative count wave-B Cluster : (c) = (a) and 0,618 If "1-2-3-4" count , expecting bullish wave-5.Buy between 3,53 to 3,52. SL under 3,5 . TP at least top of wave-3. If "A-B" count , price may retrace more as it can be bullish wave-C from here.

paulselvan

After pullback on triangle, usdmxn may go to finish the 5th wave

paulselvan

Retracement Short@2,38 TP@2,35

paulselvan

Zig-Zag or Triangle before resuming bullish trend.

paulselvan

BAT 1,27 Alt ABCD Buy @ 1,4730 SL # 1,4640 TP 1,5070 RR 3,86

paulselvan

Is it sub-wave (e) of triangle wave ?

paulselvan

We can see eurinr is following obliques Macd bull divergence

paulselvan

wave X is finished

paulselvan

Wave 3 of Y is on way

paulselvan

Bullish wave 5 of red 3 is on way

paulselvan

EurInr bounced on a longterm oblique support. Till it is not broken ,exhange rates are bullish. Elliot waves W and X are shown. img11.hostingpics.net