EURGBP turning down. Looks like its finished correcting the initial push down from the 9th
Hey, New to Elliott Wave so this is just for educational purposes only. ETH has two legs left to complete, after this we can expect a break out and price to make a new high. Any advice on my chart would be appreciated.
Hey, New to Elliot Wave Theory so hoping I've got this correct, still trying to get my head round it. Any advice would be appreciated. Price just broke out of the contracting triangle at the end of sub wave 4 of wave 3. So I'm expecting a price to rise to complete sub wave 5 of wave 3 before having a deeper correction for Wave 4. I've opened a long trade based...
Hey, I'm new to Elliott Theory, just wondering if anyone can offer any advice to see if i've correctly understood the theory. Currently to me it looks like we are in a zigzag correction and we are in wave C. Currently waiting for the sub wave 4 pullback before continuing down for wave 5. I don't have wave 5 targets yet since wave 4 hasn't complete? Completing...
YEN getting stronger. Reaching resistance, waiting on confirmations. I'm short on AUDJPY, EURJPY and NZDJPY. Avoiding GBP/JPY until after the inflation report
Cumulative volume delta making new lows whilst price made higher low. I'll wait for further confirmation but possible move up.
CDV making new lows on the 15 min but price is not, buyers are absorbing the selling pressure. Waiting for Money Flow to turn green and ema cross before entering. Wait for your confirmations before taking a trade New to trading with Delta Volume any advice appreciated
Daily chart - CDV made a HH whilst price made a LH. 4 hour chart, inverted Hammer with low volume signalling low demand. Is it now time for gas to take out some of the imbalances it made on the way up before pushing higher?
Price taking out imbalance zones, i've marked 50% of the imbalance on the daily chart. I'll be looking for an entry once the price is in this zone.
Price is at support. Cumulative volume delta making new lows whilst price made higher low. Both 1hr chart and 4hr chart. Waiting for further confirmation before entering.