Oil ready for longs after deep retracement image

Oil and Natural Gas

XAUUSD Setting the bait on Gold - shorts on 5th wave v of expanding diagonal c yellow towards 1180.00 image

Elliott Wave Trading

NZDUSD Daily - Resume down trend ....... soon for the last leg of an expanding diagonal c yellow, towards 0.6620. image Setup for shorts on 1Hr. near 0.7175 image

Elliott Wave Trading

OIL good buy from here on retracement medium-term towards at least 55.00 image

Oil and Natural Gas

It gets complicated in most topping and bottoming patterns. Show how simple u think it can be, so I can follow you.

Elliott Wave Trading

EURUSD potential minor 5th wave (blue) down within a topping pattern. image

Elliott Wave Trading

Would NGAS heads down towards Fib retracement 0.6182 x wave 1, for a setup on resuming trend 3rd wave ? image

Oil and Natural Gas

Yes, the 12345 waves in yellow is an 'expanding ending diagonal' wave c with expanding ranges, if you look up Google image: url wave 4 does overlap wave 2 and that wave 5 is usually longer than 3. In fact that serves as a very good target for wave ...

Elliott Wave Trading

An EURUSD projection of wave c white down from May 2016 top: image Amazingly true! that wave Cs can either be 5 waves impulse or ending diagonal: An Expanding Ending Diagonal wave c white has been developing since May 2016 top, now setting up for ...

Elliott Wave Trading

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Elliott Wave Trading

It's down on a deep retracement b yellow at the moment, could be a bit tight getting to 53.00 in 20 days, but possible. image

Oil and Natural Gas

Hey now, is USDCAD ready to roll ?? image Going longs medium-term on wave [5] red towards 1.3850 with SL at invalidation @ break of 2-4 channel line. That's R/R > 10

Elliott Wave Trading

Wait! There's more to it. That could just be a Retrending Wave b (RTB) occurring in 5th waves of New Elliott Wave T.S. Hennessy, which is amazingly true. And I'm still caught by it (a bear trap): image

Elliott Wave Trading

Potential top @ 0.8675 for medium-term shorts, as both EURUSD and EURGBP are breaking minor channel lines.

EURGBP

Potential top @ 1.1268 for long-term shorts, as it's breaking minor lower channel lines. image

EURUSD

EURUSD Tracking minor wave count on 5 min. for reversal - potential top @ 1.1267 as it's breaking minor channel lines image

Elliott Wave Trading

Potential medium-term shorts setup near 0.8670 towards 0.8430 Eyes on EURUSD image

EURGBP

Setup for shorts on 30min. at the top of this impulse wave c near 1.1290, for long-term resuming trend. Wave iv alternates with ii now. image Note: 1-3 & 2-4 channel lines are very useful EW tool, they identify, define & check impulse wave counts.

Elliott Wave Trading

OIL swift advance towards medium-term target above 55.00 image

Oil and Natural Gas