Correctivestructure
Possible long on USDJPY as retracement and corrective waveAfter that nice impulse wave down, we should see a correction. By Elliott's guidelines, correction could extend to the 4th wave give a possible target of 112.685. Fits nicely with my XAUUSD short idea.
It's nice that the target is the confluence of two fibonacci levels.
ARDRBTC - Elliott Wave Analysis - Bounce to BArdor - ARDR appears to have found it's footing. After making a large run beginning in April as many AltCoin did, it peaked in late June and proceeded to retrace 78.6% of the advance. The last couple days have broken the descending trend line and ARDR has begun to move upward.
On the daily chart, RSI has given an initial buy signal, but MACD has not yet confirmed the move, however it should do so if the last couple days trading are true and the long corrective trend line has been broken.
The Elliott Wave count shows the initial corrective move to A has completed, and a rebound or bounce to B is to be expected.
Sell opportunity on GBPCAD This is my current view on GBPCAD . I think the whole downtrend is a corrective structure. Let's see!
BUY SET UP IN NZDCAD - 4H CHARTHey Folks,
Looking for upside, buy breakout of the channel.
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Hey Amigos,
Buscando una compra, comprad la ruptura del canal.
Carlos
GBP/AUD Corrective Structure Over? SellGBP/AUD is in a 4H bearish flag, furthermore the upwards trendline has been pierced, further indicating the potential move down. For the last 3 weeks it was in a corrective structure, I believe now is the time it will begin to move down again.
Could the FTSE 100 be on it's way down?Currently a small flag is developing on the FTSE and I do believe there is more room for a correction however remains bearish in the larger picture.
Bitcoin! Expanded Flat or total downside?I personally think BTC is all hype. How much value is in a currency that is used for Illegal shit? idk lol
Will this Happen ? ?One of the possible direction for AUDJPY . Let's see how it's played it self out.
GBP/JPY Complex correction! Update from an idea from the end of January of this year! As I'm learning on my trading journey corrective structures can become very complex! (They say the markets correcting more than trending) This might be making a zig zag still with the B wave as an ABC 3 wave FLAT. If this is the case finding a buy setup after breaking the C of A low! Thanks for checking out my idea! I'll also try harder to keep it updated more regularly! It can be tough sometimes (I also work full time)
