this is the only greater elliot wave cycle i found on the pair it seems to have completed wave 4 of the main cycle or is about to complete it so its time for wave 5, wave 4 is a flat correction complicated but seems to be over or on its last lap at this point I expect wave 5 to start if not we get 3 waves down in a simple or complicated way then 5 waves up to wave 4 termination or the formation high to start the greater wave 5 but we are not far from wave 4 termination so in terms of risk this is a great sell entry point. this is a long term trade lowest risk entry set stop above current wave 5 high greater risk set stop above wave 4 termination above a structure that can offer resistance. Like if you agree comments are welcome.
코멘트:
Looks like we are having an extended 5th wave to complete wave 4 in still bearish. LIKE if you agree COMMENTS are welcome.
코멘트:
that 5th wave looks like its forming a ending diagonal im still bearish on this pair. LIKE if you agree COMMENTS are welcome.
코멘트:
good time to re-enter sells if stops got tagged place stop above high same trade prediction. LIKE if you agree COMMENTS are welcome.
코멘트:
excited to see what will happed here im still bearish short term bullish long term. LIKE if you agree COMMENTS are welcome.
코멘트:
wave 5 is becoming an extended wave so termination point of the greater wave 4 is the new sell target. LIKE if you agree COMMENTS are welcome.
코멘트:
this pair will reverse at any time between 1.15820 and the wave 4 termination point so be on the look out based on my analysis the dollar index has hit bottom and ready for a rise. LIKE if you agree COMMENTS are welcome.
코멘트:
looks like we are heading to wave 4 termination zone, that's the best sell entry area. LIKE if you agree COMMENTS are welcome.
코멘트:
we are looking at wave 4 termination point for a sell. LIKE if you agree COMMENTS are welcome.
코멘트:
almost at sell point. LIKE if you agree COMMENTS are welcome.
코멘트:
time to start looking for reversal signal or you can just sell the bounce off wave termination point or even enter now is you can afford the risk as a swing trader price can reverse any time now. LIKE if you agree COMMENTS are welcome.
코멘트:
price at turning point look for the sell. LIKE if you agree COMMENTS are welcome.