EURUSD - Trading 4H Pinbar - Key LevelSince Brexit, there are 2 instances of rejection of this zone, the 3rd one was just happening last friday. Expect price to move lower to range 1.10500 - 1.09600.
Corrective
LON:RIO Corrective with Short Term Sell OpportunityHi Everyone, there is a sell setup for RIO -0.89% on the London Exchange.
It is in a corrective ascending triangle which we are waiting for to break down and out of. A high risk entry is available on lower time frames now which could bounce up off the lower trend line but otherwise we will wait for the break and retest of the lower trend line for the sell.
Anglo American looking for some more downHi Everyone, AAL is looking corrective so we are waiting for it to break out of the lower trend line or bounce again off the top trend line. Once the trend line is broken we will be watching it on a lower time frame for a retest or consolidation before placing the sell order.
GBPUSD - Identical Elliott wave structure of the last weeks WXYIdentical pattern of the WXY correction last week. Only smaller this time. Obviously the resulting impulse too will be shorter than the last weeks.
USDJPY SELL THE BREAKOUT - 60M CHARTAfter a sharp move down , on a 60M chart USDJPY is correcting itself up, I'll wait for a break down to sell this pair.1st target would be 1.27 extension and the 2nd target 1.618 extension.
Continuing to Ride the DowntrendSince mid 2015, USDJPY has seen significant declines--recently hitting the 104 handle. With that said, there is no indication of any kind of slowdown or potential reversals to the upside given the recent impulsive-corrective structure on the daily to intraday charts. As seen on the chart, the red boxes highlight the impulsive moves that consistently create new lows while the green corrective areas are consolidation areas with weak price action before the trend continues to head lower.
We have recently hit another consolidation area between the 103.5 - 105 level aka another correction zone. Price looks like it is consolidating in anticipation for another move to the downside. The upper end of this consolidation zone around 104.5-105 offers an excellent opportunity to join in on this very prevalent downtrend. Conservative traders can target the lower end of this range at just above 103.5 as their target while more aggressive traders can look to continue riding this trend.
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GBPAUD H1 SELLPrice broke a corrective structure and came back to retest it giving us a good opportunity to get short here.Good risk to reward ratio and first target is 1.27 extension and the next target would be 1.618 extension.
AUDJPY BUY THE BREAKOUTLooks like AUDJPY is about to finish the corrective structure and break the trendline which would take the price to at least 80.60 area.From there the E wave completes and probably we'll see a lot of downside movement.Trade your plan.
USDJPY SELL 1HUSDJPY is making a correction on the 1HR chart , you can look to sell the breakout of this corrective structure, or for more aggressive traders you can sell the 0.618 fib at the top if it goes there. Trade your plan
EURCAD Sell SetupLife is going through the end while we are lookig for some more pips. The importing things are understanding and feeling it for me. Elliott Waves are terrific and i love to look for them on charts.
It is makind a correction. Sell the break out
AUDCAD good opportunity for contrarian long good valuation AUDCAD Keep look at 0.94000 this zone for long but be careful AUD will decrease interest rate again
EURUSD Have strong C in corrective trend EURUSD Have strong C in corrective trend but in Macro Economic or fundamental is not prove for bullish in long term
EJ Continue Correction wave wait and see BOJ decision in tomorroFor my vision i think EJ have Posible for following trend but still strong in Corrective wave
Tight correction after breakout & impulsive moveThe price action on this index indicates that the buyers ares till present in the market, keeping price levetating within a small corrective channel above 17850. I am expecting another impulsive move towards the even handle around 18000. If buyers are able to push beyond that, 18150 would be up next.
Impulsive Corrective Series Hints at potential upsideEURUSD has formed a series of impulsive and corrective moves that shows us exactly how much power the bulls currently possess. To clarify, impulsive moves tend to be "strong and fast" while corrective moves tend to be "weak and slow". This directly correlations to the strength of each party's hand. The bulls are in control right now. The push from the bulls are powerful while the pullbacks from the bears only exhibit weakness.
Earlier this week we began a corrective move downwards that looks to be drifting toward the established support at 1.106 - 1.108. This is the same level where the first corrective move met heavy buying interest. This level has proven to be reliable in the past and provides an excellent opportunity to get long for the next impulsive leg.
P.S. Beware of spikes in volatility around NFP this upcoming week.
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Bullish reaction off role reversal levelWithin a steady uptrend, price initially struggled to break above the 38.5 level. However, the immense bullish pressure resulted in a breakout to the upside and a brief intraday pullback shortly after. Price preceded to create a new high and has pulled back to that same role reversal level (now support). It has formed a notable reaction hinting at potential upside.
Conservative traders can seek to get long at current level and more aggressive traders can look to buy into another dip toward the support level.
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Look to Rejoin Bulls on Corrective Pullback to Major SupportVery easy setup. AUDUSD is currently in a medium term uptrend. Dating back to early March, the 0.7400 - 0.7420 handle initially acted as resistance. Price then broke through and found support at this same level (blue boxes). Since then, price has created 3 new highs off of this support level (orange boxes).
Look for another bounce off of the 0.7400 - 0.7420 level in anticipation for further continuation of the bull trend.
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GBPJPY 3/26 Week 5 Analysis on a 4-hr chartStrong bearish trend.
Prices are holding around 159.800 (Red zone).
Great for a quick 2.7R:R.
Could be a role reversal level but seeing there is a strong impulsive bearish move on the 3/22 5:00 UTC, the following moves are very likely corrective moves.
Allow a few extra pips for some breathing space given that this pair is extremely volatile.
Looking to enter during the Asian session if the support holds within range.
bitcoin uptrend correction21/02/16 mini crash might be an effect of the euphoria of the previous day and the consensus news. the 15 dollars fall was a correction , the uptrend is not broken and might go near 500 USD in the next 3-4 days . with all thoses good news ( consensus etc etc ) and the global economy issues ( china and europe i am waching you ) i dont see any reason for the price to go down under 400 USD in the near future.
this is my first analysis on tradingview , it is quite simple and optimistic but also pragmatic.
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.
eurusd setting up for another impulse up? - longWell, after the impulse up, and the correction we are actually in, will this be the time to get another impulse up?
This is how i will manage this trade:
I will take a small position here, at .618, and set a tight stop of 20-30 pips. in case this pair starts to go up from here, i might add when it breaks the first trend line (grey) and then look if it goes out of this corrective structure.
If it goes for another down move, it is nothing to worry about.
