MohamedMagdy

Elliott & Harmonic Outlook

MohamedMagdy Güncellendi   
FX:USDCAD   ABD Doları / Kanada Doları
Medium Term Bullish
Long Term - Bearish

3 Bearish Harmonic Patterns are emerging, which are :-

1-Gartley
2- Anti Nen Star
3- Anti Alt. Shark

I Think currently there may be a bearish correction within the bearish dotted yellow channel . Long entries can be placed on the breakout of that yellowish channel aiming the targets at which point D of the harmonic patterns is reached . The first minimum target is at the completion of the Gartley Pattern

After the completion of the harmonic pattern , look for selling using any confirmation tool such as oscillators divergence of volume spread analysis , etc..

Elliot wave counting is indicated showing that , bullish wave c of a corrective ABC structure is being in progress . Currently , the bearish wave 4 maybe in progress , and we are waiting for the bullish impulsive wave 5 at which wave C of the corrective structure completes

Yorum:
Yorum:
the first minimum target reached
Yorum:
Sell the AntiNen Star
Feragatname

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