Have you seen a better looking contracting flat? Text book impulse, a, b, c waves and a confirming impulse in the forecasted direction with a little pause. Watch the break and take trend continuation setups on the lower time frames to forecasted targets.
#AUDJPY has made an A and B wave correction already for this 240min impulse. Strong bearish indication of a trend continuation for the impulsive C wave in this what appears to be ABC correction. Look for trend continuation setups on the lower time frames and watch for the bottom of A for reversal!
Hey guys, FXOPEN:XAUUSD Has created a macro regular flat structure with a lower degree impulse/correction and has broken out. Now this may take a long time to play out but I definitely see this being very high probability. I personally won't be holding on to one position for that long, but I will be taking smaller time frame positions that are bullish riding...
#AMD has an impulse, an ABC 3 wave corrective structure and has impulsively broken out of the corrective trend line. Look for sells along the way to the fib extensions of 27.0 and 61.8
TVC:USOIL has formed a 4hour regular flat with lower degree breakout trend continuation pattern!
Hey guys, NASDAQ:AMD has formed a 4hour regular flat with lower degree breakout trend continuation pattern!
Hey guys , NASDAQ:JKHY has formed a bearish expanding flat with lower degree trend continuation structure.
OANDA:GBPUSD Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line! This is great confirmation of a trend continuation setup.
NYSE:ALK Has formed a bullish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line! This is great confirmation of a trend continuation setup.
NYSE:APTV Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line! This is great confirmation of a trend continuation setup.
NYSE:AMG Has formed a bullish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line! This is great confirmation of a trend continuation setup.
NYSE:ABT Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line! This is great confirmation of a trend continuation setup. Since the retracement is deep though, 78.6%, the trend continuation impulse could be short lived and reverse, or continue down side.
Hey guys, Classical trend continuation set up here. Larger degree impulse and correction with lower degree impulse correction breaking out of larger trend line!
Hey guys, NYSE:PNW has a great impulse/correction on the 15minute time frame. On the lower degree it has broken out with an impulsive move and is correcting making a great flag. This is signaling a bullish trend continuation move but might take off once the market opens up. Catch it if you can!
Hey guys, FX:GBPJPY has created a 4hour running flat with a fantastic impulse/correction flag on the lower degree 1hour time frame. The bearish structure of the running flat combined with the lower degree bearish structure gives a lot of indication of another bearish trend continuation move!
Hey guys, On the 60min/240min it appears FX:GBPUSD has created a regular flat with bullish retracement levels. It has then gone on to form what appears to be a contracting flat on the lower degree. If this breaks out then there is a high probability of a bullish move on the 60min/240min.
Hey guys, As we can clearly see there is many reasons why there is a high probability of NYSE:EMN continuing the bullish move to the up side. We have the following indicators: 1. Nice clear larger degree impulse 2. Deep corrective ABC to 61.8% retracement 3. Lower degree impulse breaking out of larger degree trend line 4. Flag formation and broke out to up side
Hey guys, TSX:BNS has formed a classical super clear running flat. We also have on the lower degree bullish confirmation in the forecasted direction indicated by this running flat!