IF this wave count is correct; 1. We are heading down for Wave V to complete the Major Wave 3. 2. Lower highs on RSI 3. MacD heading down ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice....
2 possible scenerios given on the chart 1. Wave 4 is in the making 2. Wave 5 started Please share your thoughts :) ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. --------------------------------------
1. Did Wave 4 end at 38.20% or is it just the bigger A retacement (B and C to follow) of Wave 4? 2. Have Wave 5 started? I'll be watching before I make any analysis. ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not...
If this wave count is correct, we are heading for Wave 5 at around 1.1870 to 1.1920 range. ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. --------------------------------------
We are in Wave (3) of the Correction Wave C. Targets as explained in the chart. ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. --------------------------------------
We are presently heading for major wave 4 (ABC correction). If this wave count is correct, we have now completed the minor a,b correction and heading towards wave c (consists of 5 sub-waves) ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit....
If my wave count is correct, we are heading for CORRECTIVE Wave 4 to 1.1880 range. ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. --------------------------------------
There could be another push down towards 1.1510 range to finish wave V of 5. ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. --------------------------------------
This is the monthly chart for GOLD. We are on the journey to IMPULSE WAVE 3. Target range between 1588 to 1655. Price is at monthly trend line support area. If it bounce this, it will have to break thru the monthly resistance area between 1350 to 1370. If it breaks higher, we are on the way to 1400 Happy Trading...
Wave V of the bigger wave 3 has extended to 0.786 level of wave ii, iii, iv trend base fib extension. This is proof a strong down trend. RSI and MacD is also showing strong down trend. Waiting for a reversal signal to go long (Wave 4). Happy Trading ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and...
1. Price is making lower low but RSI is not going lower 2. Price is making lower low but MACD has moved higher 3. The indicators has started showing exhaustion of the move down. We should be seeing correction coming soon to roughly to 1.1950 range (Fib 38.2%) Happy Trading ------------------------------------- Risk warning! Trading carries a high level of...
We are presently in Correction wave B. 1. Previous Resistance has now become support as shown on the chart by the Moving average. 2. RSI has bounced twice previously at this point. Happy Trading ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit....
Looks like Wave 4 just completed and we are heading for wave 5 (Major Wave 3). Happy Trading ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice.
Wave 3 (of the bigger wave V) completed yesterday. We are in the journey to Wave 4 and then down to Wave 5. My target still stays at 1.1660-1.1650 range for now.
Wave 4 (of Wave 5 - Major correction Wave C) is almost completing. I'm expecting price to go down from here as shown in chart. Happy Trading ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice....
Final wave (5) of V is on the way. Targets as shown in chart. Happy Trading ------------------------------------- Risk warning! Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. Supplied information is not advice. ------------------------------------
Expecting for #EURUSD to move down to 1.1750 range before a bounce up to 1.2000 range
We have probably completed 3 waves of the bigger correction wave A. If this count is correct, we should be heading for wave 4 with targets as shown on chart. Happy Trading everyone :)