Elliottwaveretracement
EURUSD - Looking to go long again....EURUSD has started a correction and the only question now is for how long...I believe it will still push another leg higher so we have to be patient and wait for a retracement down to the 1.0870 levels ideally.
AUDUSD Shorts soon to be triggeredThe lastest impulse up was caused by a fundamental event and could well be the last wave up before we see the continuation of the downtrend. We can see the price is forming an ending diagonal reversal pattern. A break and retest of this structure on a lower timeframe is a good entry point. Very nice R:R also
USDJPY - consolidationIf the price comes back under the MA, there'll be an opportunity to see a consolidation in wave 4
[EURUSD- SHORT TRADE] CONSOLIDATION IN SHORT TERM?Hello Traders! On daily time frame, we following AB=CD bearish pattern, and pair could be consolidate in this area,... we'll see.
If there will be many traders interested in this analysis/idea, we will post an update later!
Thank you for your support and trade with care!
AB=CD ON DAILY TIME FRAME
* FIRST LEG DOWN
EURJPY - triangleWe've got a possible ended triangle, so there's an opportunity to have wave {v} of C soon
USDNOK - bullish trendWe've got a diagonal triangle in wave {c} of 4, so there's an opportunity to have a bullish impulse in wave {i} of 5
USDCAD - wave (c) is about to startWave (b) is going to end soon, so there's an opportunity to have wave (c) of {y} soon
AUDUSD - triangleWave {e} of 4 is going to be ended soon. If we see a pullback from triangle's upper side, I'm going to sell this pair.
