Weshareio

Weshareio

We're in a bearish impulse sequence. We're in a wave 4 phase and expecting a wave 5 completion.

Weshareio

We're in a bullish sequence as a double correction( W-X-Y ) pattern currently forming a wave Y as a potential Zig-Zag pattern. A Zig-Zag is always a 5-3-5 sub-division so we can expect a minor pullback before a last push up to potential reach the 78,6 Fibonacci retracement level.

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.