Elliottwavecorrection
AUDUSD Trading ForecastThe pair is still moving sideways, contained inside the channel. Limited move to those selling.
Happy trading everyone!
VG - Want some more? - Correction Over! Long! Pulled back just like we thought, and has just completed the 3rd leg a Elliot wave A-B-C corrective wave. Also is wave 4 of the bigger wave. We have piercing pattern candle completed too, with a bullish confirming candle.
Elliot says wave 4 cannot retrace into the high of wave one, so if our count is correct, we have a nice tight stop of $.15 to $.20 and we can reevaluate.
People complain about this stock, but IMO it is acting just like it should according to both Elliot wave and XABCD/Harmonic and fib traders.
A Hard Landing Ahead For Southwest?The bears might want to use the occasion and drag the stock back down to the support of wave 4 in the $35-$30 area.
audusd wave 5 Target:0.6short at 0.772 two ways to close this trade,1:monthly close line above 0.772 or 0.793 be broken
if u guys want a good price to short u can wait dxy down to 97.8(eur=1.097) extreme 96.5 eur=1.035-1.04
Wells Fargo to Lose 30% From Now On?If this is the correct count, Wells Fargo investors should get ready for another sell-off towards the $40 mark.
Do Not Write Fossil Off Just YetFossil stock's 5-3 wave cycle seems to be complete, suggesting higher levels in the long-term from now on.
Bitcoin Looks Cheap Near $950Rising channels and oversold RSI point to higher Bitcoin prices from now on
FORD! Looking to buy for motive wave 3! Just a simple wave analysis. I'd love to buy in at 8 and a quarter if we get down that far :)
Correction Should be next on AUDNZD H4 ChartA Harmonic Pattern is formed, and AN is already overbought on daily and h4 TF
Dark Clouds on Humana's HorizonIt looks like the bull party is approaching to its end and in the stock market, latecomers always suffer the most.
The SEC is Just a Minor SetbackThe panic following the SEC's rejection of the proposed Bitcoin ETF looks like a good buying opportunity for long-term investors
AUD/CAD triangle? Lets see! Need structure to develop more but triangle could be likely, maybe flat?! Trade Responsibly :D
Kiwi/Yen breaking down wave structure! As I dive deeper into EW theory my analysis and way of looking at charts has changed. Here's an update to nzdjpy outlook. I'm long and strong! :D
Crude Oil Movement | March | 2017Corrective Wave coming but when, cant say, but is surely coming for corrective wave.
#NZDUSD - Approaching minimumsHi everyone! NZDUSD broke all possible dynamic and static supports and is heading to minimums. After touchdown in will retrace. Although it looks like that the 3rd wave will extend and the 5th wave will end somewhere in 0.67500s.
4 Hour chart for your reference
ALNY retraction patternALNY showing signs of an elliot retraction. This is further confirmed by the choppy peak and the fact we're trading well above the "trend line"
Position: SHORT
Price target: 47.72 (.382 with some cushion)
Stop: 52.80
Logic: Elliot retracement, fibonacci retracement, trading above its trend line
AUDUSD - REVERSAL FROM DOUBLE ZIGZAG PATTERNHi,
Finally after couple of session consolidated on resistance zone itself AUD.USD fell to finish short term Double Zigzag Pattern.
Buy on channel support target should be on 0.7760.
Leggett & Platt Not Done FallingUnless you want to experience a 30% decline, you might want to stay aside for a while.
