Weshareio

Weshareio

Further sells on UCHF as wave 3 continues to reach the 1.618 Fib level. The USD has been relatively weak this week is highly that we gonna have a massive drop.

Weshareio

We're trading in a corrective pattern A-B-C zigzag. The wave A and C are always motive waves. We currently have 1-2 expecting a wave 3 drop. Use the invalidation level as the stop loss level and the target is set based and wave A and waves A and C are often equal.

Weshareio

We're in an impulse phase, trading a wave 3 and it always sub-divides into an impulse pattern as well. The wave 4 of the sub-wave is a potential Triangle pattern. We can place buy stops at the B-D upper line and stops at wave E our target is based on the 3 projection of 2.618 as wave reached 76,8 Fibonacci retracement level.

Weshareio

Price has been in a bearish trend on EURUSD, but that remains the case. We're currently in a 1-2-3-4-5 impulsive phase. On the intermediate degree wave 3 is sub-divided into an impulse as well which should be the case, which is a minor degree. On the minor degree, we're in a wave 4 phase and we can expect a wave 5 sells. Remember waves 1 and 4 never overlap and...

Weshareio

We're in an impulse sequence, waves 1 and 4 do not overlap. We have a base channel where wave 4 touched the middle line which correlates with the 50% level. Keeping in mind that waves 1 and 5 are often equal. 1 h

Weshareio

Price is trading in a 1-2 phase, we have an impulse as wave 1 and correction A-B-C Zig-Zag formation for wave 2. It's clear the correction is not over yet we are just still in a wave B phase.

Weshareio

We're trading in a double correction pattern in the weekly timeframe. We have the wave W and X waiting for wave Y completion.

Weshareio

We're in a bearish impulse pattern. Waves 1 and 4 not overlapping. The wave 4 touched the 38,2 Fibonacci retracement level.

Weshareio

We're approaching a corrective phase. Price has completed the impulse sequence with waves 1 and 5 equal potential sell-off.

Weshareio

We can expect a bullish push from the USDCAD this upcoming week to complete the 5th wave. We touched the 38,2 Fibonacci retracement level. Keep in mind that waves 1 and 4 never overlaps that allows us to have invalidation level.

Weshareio

We're in the wave 4 phase, we can anticipate a wave 5 completion soon. The wave 4 often bounces at 38,2 level but also keep in mind of the 50% level. If wave 4 retrces at 38,2 we can expect wave 1 and 5 to be equal.

Weshareio

We can expect further sells from nas100 as a wave 5. The wave 4 is a triangle correction pattern. Wave 5 is always a motive wave( 5 waves ). Note that the wave 1 and 4 are not overlapping. We often use wave C as invalidation level on a triangle pattern.

Weshareio

The price is in a bearish zigzag correction pattern. Often times waves A and C are equal so we can expect wave see to further drop as time progresses. The wave C is a potential Ending Diagonal pattern the wave 2 is most likely over as we touched the 61,8 Fibonacci retracement level.

Weshareio

Price is trading in an impulse phase, projecting a potential wave 4 minor drop then making a wave 5 high. Wave 2 retraced more than 61,8 Fibonacci level which tells us that wave 3 will complete at 2.618 Fibonacci extension level. Often wave 4 retraces 38,2 of wave 4. Also, keep in mind a base channel.

Weshareio

The bullish bias is still in play, and the A-B-C zigzag correction retraced relatively deep to close to 78,6. We have an invalidation level for the bullish bias key to focus on it.

Weshareio

Price is currently in a Zig-Zag correction pattern. We can expect further sells to occur. We have both waves A and C as impulse pattern on the wave C we can soon see wave 3-4-5 complete before the next rally. Waves A and C are usually equal we have to keep that in mind, so price doesn't reverse without being aware why it reversed.

Weshareio

Price is trading in an impulse pattern, we have wave (4) as a triangle pattern expecting a sell-off for wave (5) completion. We often use two techniques to measure the end of a wave (5) Fibonacci multiple as well the wave (1) price distance as waves 1 and 5 are often equal.

Weshareio

We're looking at a bearish corrective pattern. We are in a wave A which can potentially reach 38,2 Fibonacci level. We can expect a minor drop next week before the wave B correction. The wave A is clear impulse pattern waiting for the wave 5 completion.