saswatguragain1

saswatguragain1 Updated 

Does ending diagonal means dramatic reversal? Not necessarily. Retracement till 61.8% and with ending diagonal, we can expect some reversals. Elliot wave And Fibonacci retracement.

saswatguragain1

A wedge or a diagonal pattern generally signifies dramatic reversals. Do Well Analysis Before Investing. For Educational Purpose

saswatguragain1

GBPUSD WAVE ANALYSIS Observation: Let me try to keep it simple. . 1st we see five move down from top, means still 5 wave down is required for ABC correction as per Elliot wave. . However the wave down I see is 3 wave, this means may be we are at 1st wave of an ending diagonal(3-3-3-3-3). Additional Confirmation: I noticed some liquidity sweep before making huge...

saswatguragain1

keep it simple. Reaction on the daily trendline. 5 moves down and 3 move up. #bearish

saswatguragain1 Updated 

My preferred count: WAVE C seems an ending diagonal. I am expecting a dramatic reversal. Targets are just set. I am betting on long .

saswatguragain1

While labeling in daily chart the last up movement may be wave 5 or could be wave 1 of wave 5. in any of case the down movement seems impulse so a correction of wave b or wave 2 is in progress. peace

saswatguragain1

BULLISH GOLD. can expect some wave 1 extensionss.. got invalidation and req breakout levels to watch out. peace!