Briankirorio

Briankirorio

c correction wave comes to an end possible triple bottom formation before price shoots upwards in one hour time frame

Briankirorio

the third wave of a larger degree has come to an end ,,,,, expwecting a correction(wave 4) WHICH SHOULD RETRACE TOWARDS THE LOWER BOUNDARY OF TNHE CHANNEL GIVEN A SMALLER DEGREE 5 WAVE MOVE IS COMPLETE 38.2 CORRECTION SHOULD BE THE MINIMAL TARGET FOR THE 4 TH WAVE

Briankirorio

possible triangle formation either breakout upward breakout would be most appropriate a s the wave count would be in favour of an upward move

Briankirorio

gold playing within a symetrical triangle which also happens to be the 4th wave a 5 th wave impulse should precede a large abc correction. if the 5th wave does not truncate we will see prices rise higher beyond the 3rd wave after which a correction will follow

Briankirorio

usdcad targeting lower trendline of the channel after the correction

Briankirorio

the uptrend is not yet done we should expect an impulsive move

Briankirorio

the downward correction will come to an end when the downward sloping trendline is broken followed by a sequence of higher highs and higher lows

Briankirorio

BOUNCES OF CHANNEL POSSIBLE HIGHER HIGHS ALREADY F9ORNMING

Briankirorio

C MOVE OF CORRECTION IF BOUNCES OF TRENDLINE

Briankirorio

POSSUIBLE END OF CORRECTION WHICH HAPPENS TO BE A SECOND WAVE OF A HIGHER DEGREE NEW HIGHER HIGHS SHOULD SIGNAL ENTRY

Briankirorio

NZDUSD SEEM S TO BE RESUMING AN UPWARD TREND AFTER THE ABC CORRECTION COMES TO AN END THIS IS FURTHER SUPPORTED BY A PERFECT REACTION TO THE UPWARD SLOPING TREND LINE FOLLOWED BY NEW HIGHS POSSIBLY TARGETING THE TOP OF THE CHANNEL ABOVE TNHE PREVIOUS HIGH CONSIDERING THE IMPULSE WAVE IS AGGRESSIVE

Briankirorio Updated 

reacting well to trhe trenline 3rd touch

Briankirorio

i thing the gbpcad reaction to the channel; and subsequent higher high should see it target the upper boundary of the channel

Briankirorio

correction

Briankirorio

sideways correction within a channel

Briankirorio

thlower channel is broken we shoul see prices fall further as we are in a third wave in a larger degree which should be aggresive

Briankirorio

a break below 112.200 should confirm change in trend and an end of consolidation

Briankirorio

usdcad seems to be playing within a symetrical triange,,, if i have my wave count correctly we would see an upward break fo completion of the 5th wave