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Saturday, 30 June 2012

S&P500 SPX E-mini Futures Elliott Wave H1 & H4 Update

Count re-labeled for possible double Zig-Zag pattern.

Seb



Crude Oil Futures Elliott Wave H1, Daily & Weekly Update

We might expect more upside to come as the cycle of minor wave 3 has finished and now price is running into trend line  resistance. If broken, there is a couple of hurles before future advences including technical resistance @ 87.30 and big supply zone above that up to 90.

Seb

 H1
 Daily
Weekly

GBP/USD Elliott Wave H1 & H4 Update

Chart with two possible outcomes:
1. This impulsive wave up looke exhausted and we might expect no more high as the structure for WXY pattern looks completed. That means price will go down - black dashed line.
3. In case the hight of wave 2 would be taken out or if price would retrace only 38-50% of wave A then we might expect more upside to come as double Zig-Zag pattern will emerge to complete wave Y- red alt. count and lines.

Take care,
Seb


Friday, 29 June 2012

...and quote of the day is:

“Never underestimate the power of stupid people in large groups.”
George Carlin

Gold XAUUSD Elliott Wave H4 Update

Ending diagonal idea has failed.

Looks like impulse wave.

Seb


EUR/USD Elliott Wave H1 Update + Gann Fan

EU Summit will dissapoint and we go down like no tomorrow.

But what the hell do I know anyway? :)


Seb

And Gann fan says: You shall not pass. :)


GBP/USD Elliott Wave H1 Update

Looks like correction is done as ABC Irregular Flat.

More downside then?

Seb



Gold XAUUSD Elliott Wave H4 update

Ending diagonal?

Seb


USD/CHF Elliott Wave H1 Update

Looks like there is missing wave to complete sequence.


Seb


GBP/JPY Elliott Wave H4 Update

Wave 5 is completed and cycle of wave 1 is completed.
Correction time and then more downside.

Seb


AUD/USD Elliott Wave H4 Update

Well,
Looks like more corrective WXY pattern emerging. We need one more leg higher to complete the sequence.

Seb


Crude Oil Elliott Wave Update H1 & Daily

Impulsive down move  (wave 5)  as indicated earlier.

Soon we will find out if this impulsive movement is completed or if it is just the leg 1 of a larger extended wave 5 to the downsiade.

Alternative count on chart.

New low means wave 3 is in progress. New high would confirm the bias to the upside corrective move.

Seb



Thursday, 28 June 2012

...and by the way

... my Gann Fan resistance line on AUD/USD is doing good job.

I smell reversal candle...

Thanks!

Seb




EUR/USD Elliott Wave H1 Update

Selling the fifth wave.

Seb


GBP/JPY Elliott Wave H4 Update

Is correction  done yet? Leg A looks done, the rest of remaining price action acts as ABC Flat is possible.#

Seb


AUD/USD Elliott Wave H4 Update

Correction is about to be done. Good selling opportunity.

Seb


USD/CHF Elliott Wave H1 Update

Leg A of ABC correction is Irregular flat. Leg C of that correction might end at the low of previous wave 4.

Seb


GBP/USD Elliott Wave H1 Update

ABC Flat in the making.

Seb


Crude Oil Elliott Wave H1, Daily, Weekly Update

We are missing one more wave to the downside to complete five wave sequence (red) of wave 3.
Please notice that 2 years old blue trend line was broken and tested.

Seb



Wednesday, 27 June 2012

Crude Oil Elliott Wave H1 Update

As I said more bulls stepped in and the price went higher, breaking the triangle to the upside.

Nevertheless, the upside seems to be limited.

Seb


Crude Oil Elliott Wave H1 & H4 Update

The triangle pattern on M30 did not work out so it is time to consider that we got the wave 5 impulse of varius degrees already on chart and now it is time to consider more bullishness comming.

 If 61%FibExp will not hold or at least blue line will not mark the wave Y top, any movement above the mentioned level looks more bullish.

So the question really is: which break out  goes first?Downside from triangle on H4 on upside impulsive on H1?

Seb

H4 here:


Crude Oil Elliott Wave H1 Update

Alternative Only Count: Triangle.
Right now is wave (iii) in progress I guess.


Seb

EDIT: COUNT INVALIDATED.

GBP/JPY Elliott Wave H4 Update

Waiting for impulsive wave 5 to develop

Seb


AUD/USD Elliott Wave H4 Update

 Is this it or more complex?

Seb


Gold XAUUSD Elliott Wave H4 Update

Little changed, waiting for wave 5 to develop.

Seb


GBP/USD Elliott Wave H1 Update

A little messy around.

Seb


Crude Oil Elliott Wave H1 Update

Two possible count included.

Seb


Tuesday, 26 June 2012

USD/CHF Elliott Wave H1 Update

Is this it?

Seb


AUD/USD Elliott Wave H4 Update

Reverse can occur at any of Fib levels. I have marked the extreme retrace.

Seb


Crude Oil Futures Elliott Wave H1 Update

Impulsive count still in play.

Seb


EUR/USD Elliott Wave H1 & H4 Update

Like on chart.

Seb


GBP/USD Elliott Wave H1 Update

Slight change in outlook as perious count was invalideted.

Seb


Crude Oil Elliott Wave H1 Update

Everyting on the chat.

Seb


EUR/USD Elliott Wave H4 Update

A tiangle possibility is still in play as log as the price close below wave X and continue down to break wave 3 to the downside.

Triangle possibility is represented by alternative count.

Seb


GBP/USD Elliott Wave H1 update

Irregular flat done?

Nice area for shorts is orange rectangle.

Seb


USD/CHF Elliott Wave H1 Update

This pair is makeing me to climb up the walls...

Seb



GBP/JPY Elliott Wave H4 Update

Just hit the Fibonacci Cluster.

Seb



AUD/USD Elliott Wave H4 Update

Gap closed.

Seb


EUR/USD Elliott Wave H1 Update

This is my view.

Seb


Crude Oil Elliott Wave H1 Update

Wave 3 down ended @ 261% FibExp almost to the pip.

Now wave 4 is grinding higher but after correction lower prices are expected.

Seb


S&P500 SPX E-mini Futures Elliott Wave H1 Update

Wave 3 down is over for now.
Pursuing with correction.

Seb


 
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