USDCHF wave analysis on weekly chartUSDCHF Elliott wave analysis on a weekly chart for longer term perspective.
Wxy
Possible WXY in the GBPUSD Hourly chartTake a look at our GBPUSD wave analysis and forecast . This is of course a short term view of the GBPUSD. We were awaiting the completion of the 4th wave in a higher degree. Although our initial expectation of an ABC completion and the price target of 1.34000 levels has changed since todays break of the presumed B wave did not have enough stamina for a C wave impulse as expected.
Because the price has been squeezed into a possible triangle, we now expect a completion of the correction with a WXY. Either way a break out from the overall structure is key confirmation for a trade. Until that we prefer to stay on the sidelines.
Watch out for an impulse up! WXY almost complete.Similar structure to AUDJPY. But this pair should have more momentum than AUDJPY.
Another ABC down is a possibility. But with divergence there is a high probability that the correction is almost complete.
CADJPY medium term (daily combination correction)the whole (W) (X) (Y) combination correction looks like a double flat.
USDJPY double combination correctionAnticipating one more wave to the downside.
I was willing for a reversal to upside in my previous analysis, price made a trendy move to upside as expected but it's more looks like WXY correction rather than impulsive move, so it seems that still there is one more wave to downside to complete this complex corrective pattern (look at related idea link).
EURUSD: Short-term Elliott Wave AnalysisThere must be a comprehensive text, but I'm too lazy to write it.
EURUSD: Make or Break (Elliott Wave Analysis)There must be a comprehensive text, but I'm too lazy to write it.
AUDCAD Big Move Up For A Double Three Completion One more wave is missing for an WXY pattern completion. Price is testing a key level where we should watch for any buy setup that we probably give us the last wave of this double three pattern.
NZDUSD complex correction this is 240 min view of NZDUSD.
its in the complex correction.
it seems that correction is about to end.
I will look for a sell setup on lower time frames.
GBPUSD: May rebound to 1.4450Warning! If initiate a long position, you need to wait some confirmation.
GBPUSD ANALYSIS Expecting a reversal for the Pound to the upside in the near future. However at this moment I am inclined to sell as for all the indicators (structure resistance and moving average resistances). Without resisting current price developments to the downside; I will observe this subwave count to progress in its final wave v, before we resume trending with the bullish sentiment. The termination of the subwaves, larger correction WXY, bearish wolfe wave 5, and the projected leg of zig zag clone (ABCD harmonic pattern) appears to occur at 1.410 which means a double bottom before a bull take-over is likely.
Amazing Elliott Cycles on AUDJPY its Seems that Wave (IV) is not been Complete yet.i wait for end of (Y) to going short for (V)
EURNZD in WXY corrective structureI'm expecting price to bounce off the trendlind and make one more downward movement before shooting up and breaking the trend line.
If price bounces off trendline and consolidates, it would be a good and sure short term sell, followed by a good and sure long term buy.
AUDUSD - Corrective wave structure countThe first phase of the corrective structure is a clear flat. The second phase is underway, so it could be either the green triangle or the red ZigZag. If it is to be the triangle we should see a clear reversal at the Blue trendline resistance to complete the last leg of the triangle.
On the other hand, if price clearly breaks the Blue trendline resistance, then we can safely assume for the price to go somewhere around the yellow trendline resistance in order to complete a ZigZag for the second part and an overall "double three" formation which is marked with a dark blue WXY.
There are plenty of opportunities based on the counting of lesser degrees, This counting is to get an understanding of possible price reversal points and direction on a broader view.
Nevertheless I am rooting for the triangle to complete.
What do you think ?
AUDUSD: Be careful to sell and waiting to buyI am looking for a bull rather than a bear for this pair just because we are in the correction. For whole waves count of the bull trend, price seems to form an WXY and we are on wave b of wave Y.
