The Wave Chartist

The Wave Chartist

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We spot high confidence trading signals on Intra day, medium term and long term moves of Forex pairs, Indices and Commodities and send to our clients.

14/04/2023

$EURUSD bull pushed above the supply zone and has quickly retraced fast back into it violating the diagonal structure. Still expecting an expanding diagonal toward 1.05 or below. However, we need to see the current bearish action toward 1.09 and then sell the next minor bounce.

12/04/2023

How $WTI is going.

With price escaping the flag-like 4th wave, we could see (v) continue toward $84-86 before an expected 3-wave decline. The immediate trend and bias remain bullish toward the $100s.

12/04/2023

is either emerging into a regular flat or double zigzag that could project toward 1.05 for (Y)

Meanwhile, my attention is now on the wave (X) which could be completed with a nicely looking ending diagonal off the 1.099-1.104 supply zone. That could trigger a high RR opportunity. Watch out!

Photos from Classic Wave Trading's post 07/05/2018
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