yafrosi88

By breaking d wedge of a triangle, I think price may revisit the last low to form W5 of C.

Leading diagonal has been formed, it could be (1) of 5 or just an A of a correction ABC. I think price will make abc correction as (b or2) targeting fibo 61, then it may do south again and according to wave behavior we will determine if the wave is (3) or just C.

I think the 5 motive waves are finished,which they form W(1) of 5 motive waves . I think we could see an ABC correction movement to form (2). Let's see the validation level

It looks bearish.I think we would see another bearish impluse wave, after breaking (d) of a 🔺️ triangle. If price goes up and passes (c) , the pattern is then canceled.

Leading diagonal has formed a wave and now we see b as a flat. If the price doesn't go below (a)3615, I think we may see c wave of (B). It may come strong and quick

It looks that ABC correction movement is about to finish. My focuse is to see lower low and no up thrust to exceed the previous top,3452.

It looks the Ethusd is now forming W4: the last wave of ABC.I am waiting to break the last support to get a signal W5 of C is done.Then , we could see the formation of W5 .

Let's see how Gold would react .if gold is shaping wave 4 as a triangle, we may witness a quick move to 2517 to form wave 5 and finishing either (1-A) .

I think long position is a good option now for a simple reason.wave 1 of the ongoing bullish trend retraces to 61 fibo forming a wave no.2.in fact, I am in a long position from price 1732 and manage my trade to 1850 minimum.Wave 3 ,as Elliot guidance refers,would extended to 2.61 fibo of the Wave1, or at least, 1.61 fibo.time will examine idea accuracy. kindly note, here I share my ideas and not a good advise to buy or sell

This scenario will be seen if a price is maintained above 36,666.So I think we will see the new highs in the near future .TP1 40KTP2 46KTP3 50KSL a close of two candles on a 4Hr frame below 36666.