Recent content by forexbullbear

Hi, Long-term view of EURUSD. Monthly view seem like it has just done an ABC correction. Currently it's in a corrective mode, this indicates that the euro could remain under pressure for several more months. Corrective Wave

The Bullish Extension of EURUSD might be over now as it has a big 5waves pull back. You can dig deeper into the shorter timeframe to see the 5waves down, 15 minutes chart is the good place to start seeing the minor wave. Also EMA5 EMA10 is now below EMA50 in 15 and 30 minutes chart. If the price...

Hi everyone, Yesterday correction was very small and it extend more extension. As we're still in the Bullish Extension, you may see that EMA5 EMA10 and EMA50 is still in up trend. Yesterday, the price only drop to the EMA50 line in 30 minutes chart and turn up. You can use EMA5 EMA10 EMA50 and...

12:18 PM GMT time, It turned out that we're on the right track as the last move was completed in Ending Diagonal (3-3-3-3-3) wave. We have to look into 15 minutes chart for all the 5?(light blue) wave. Look back in 60 minutes chart, the first support of the correction is EMA50(light blue) and...

Hi, Looking into 60 minutes chart. We're still in the bullish extension wave. We'll have to keep watching the EMA5(light red), EMA10(light orange) and EMA50 (light blue), if the price can stay up above EMA50 we can expect for more up move. Currently, there seem to nearly done the third wave (3...

The current move seem that EURUSD may already done the fourth wave correction and heading to the fifth wave.

Look like wave iii(pink is done) and we are in wave iv(pink). This correction might be a Flat Correction?

EURUSD still making a bullish Extension Wave. The price is above EMA50(light blue) and EMA200(white) in 60 minutes chart, we can expect to see the price to move up higher. Currently, it may already done or nearly complete wave iii(pink) and RSI is quite overbought, we can expect to see some...

How far the current up trend will be going is depend on the wave pattern in daily chart. From the latest high down to the latest low, we can currently see it in two cases. 1.The daily down move is 1,2,3 yellow and the current up move will only move to wave 4 yellow. If this is the case we can...

The wave pattern is changing now. This seem to be a bullish Extension in Wave3 heading to C(yellow) wave as it goes up without any correction. We can expect to see it move much higher than A(yellow) wave.

Yesterday's short term move was still moving up. However the big picture view is still in Triangle correction as long as the price does not move above the pink line(C yellow). The current move in 240 minutes chart is also moving in Triangle and RSI is making a divergence, we may see some price...

Hi, I'm using an Elliott Wave as the main tool to help me trade. I use it together with EMA, RSI, MACD, Fibonacci and Trend line. It works very well for me, so I would like to share my wave count view here. I'll update the chart on any possible trend daily or as often as I have available time...

See EURUSD 2008-11-28 Complex Correction Hi everyone, I like to share my view on EURUSD The short-term up move may already done and it's heading down. We've to see a bigger picture, in 240 minutes chart, you'll see that there is a possibility that EURUSD will make a triangle move. (A,B,C,D,E)...

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