I'm shorting UCAD until it reaches the red line for retest, and then looking for it to eventually reach around the 1.38000 area, maybe a bit lower than that tho for my TP.
It looks like the early stages of Elliiot Wave. It may be too early to make a forecast, but that's exactly why it's so fun to! I'm hoping price follows my W-X-Y pattern somewhat...and ends up around the 13.10000 mark for my Take Profit Zone
Looks like the Bullish White Swan is meeting the 55MA on the 15M chart. Hoping it bounces soon
The Elliot Wave-8 Wave Cycle could be playing into a Bullish Dragon. And if it is...We are at the "Buy" point
Looks like Elliot Wave Double 3 Combination and Bearish 5-0 patterns in one. The "Y" point of the Elliot Wave is on the 2 fib level (reversal level). From there, price could fly up to the red box to retest the .5 fib level on the Bearish 5-0. Once price gets to the red box, it's a sell for me all the way down to the green box for the take profit zone.
Looks like the Elliot Wave Zig Zags. If it is, price should be going up.
We all know price has a mind of its own...But so far this looks like an Elliot Wave + Head and Shoulders in one. Hoping that price drops to complete the right shoulder, retest, and shoot down to complete the "C" point of the A-B-C Correction. Then I expect price to go north as there is a larger inverse Head and Shoulders on the 4H chart that was not in the picture here.
Looks like the Tail of the Bullish Dragon (1H chart) is forming a Bullish White Swan on the 15M chart
Looks like a valid Elliot Wave pattern so far. I expect price to follow the B and C points and on up to the trend line eventually before it drops...There was also a Head and Shoulders on a larger timeframe not in the picture for neatness purposes that also makes me believe that price will drop after the push up to the trendline.
Looks like another 100 pips or so down to the "C" Point on this Bearish AB=CD