The pair is seeing some strong bullish momentum, and with Gold -0.31% showing a lot of strength lately it has keep this specific pair quite active. As of now I expect one more push to the 0.7695 level and we could get that whole push today even. Note the ABC labeled on the chart is an Exp -0.36% . Flat from the previous impulse. Now we can see an Inverted H&S...
Hi guys, As posted yesterday, I am bullish on this pair. Here is another CONDITIONAL order. I am looking for a clear break of the fib level which acts as a resistance. The idea is to buy ABOVE 0.97800. Feel free to comment/like my ideas! Cheers Jesse
there´s a Bat pattern on AUDJPY Targets: - 80.000 - 87.890 - 87.250 (long term) Have a nice day! Like and follow Albx
EURGBP started this week with a new Weekly High with some strong bullish price-action a possible wave HH and started a pullback with over 60% of previous week Price-Movement that"s where we get in. Entry: 0.88600 Sl: 0.88325 Tp: 0.88900 We possibly will see some new Highs on this one if our support levels are able to hold the shortterm...
Hi everyone! We have strong resistance in the 1.36000 zone, so we have the opportunity to short this pair... I´m expecting a downside move to the 1.35000 (psychological level) and this will form a new HL. --> 1.34500 second target R/R: 2.85 Have a nice week! Like and Follow Albx
USDJPY made a huge drop with JPY's strenghtening. adding to this we couldn't see something useful for USD to get its strength back on game and carry this little fella back to 113.000 band. USDJPY might retest it's fibbo level around 112.40 band and will continue it's drop. 2018 will be YEN year..
I will definitely update with another picture here of what's happening now, but I see an opportunity that we may be able to take advantage of. There is not much risk in terms of a stop loss, but there is risk in terms of the target never being met. The next update will show you why this is so. Another analyst brought to my attention this cup and handle, and I...
Hey, you guys want a quick return? Let's play this correction, wait for bullish divergence on RSI and target $26.32 for a quick 46% gain. Remember, DONT enter until a bullish divergence is COMPLETED on the 30 minute scale.
The pair is currently in a Flag pattern, or for the Wave traders in a Zig-Zag correction. The pair is showing bullish signs: 1) Bullish Divergence on the 4H 2) Shooting star at the lower level of the channel on the 1H We don't know if the C leg of the Zig Zag correction is over therefore any profits you make it's wiser to lock them in as soon as possible. My...
The shoulders are sitting way too low in order for it to qualify as a H&S pattern according to my plan. As a matter of fact there are a lot of signs showing bullish momentum. 1) Weekly Bullish Divergence 2) Soon to be completed double bottoms 3) Flat Correction complete from the most recent impulse Merry Christmas to you all and wishing you a profitable 2018!...
Eurcad looks like one more up, then down....Lets wait and see...
The pair is currently still correcting and we could get one more strong move to the upside. Bear in mind though that in the bigger picture (Monthly chart - which i will post as an update) we are still within a Zig-Zag correction (wave 4 to be exact) therefore I would be very cautious and lock in profits as soon as possible. Note how leg C looks like it's...
As highlighted on the chart it seems as though USD/JPY is 1 step ahead of USD/ZAR. If this is indeed the case then we can expect a monster move up from USD/ZAR. A similar case occurs with the CAD/JPY + CHF/JPY and I have already made a post for those who want to check it out. (see related ideas seciton). As of now there is no clear buy setup for USD/ZAR...
The pair is currently forming an Ending Diagonal . Ending Diagonals tend to form 5 actionary waves, but this is of course not the always the case as they also sometimes form just 3. As of now 3 waves have been completed so the pair will either drop now or will complete the 5th and final wave and drop after breaking/retesting the 1.3400 level. We have no clear...
Expecting Gold to make one more move up and retest the 1340-1360 levels before coming back down to the 1130. It 's still a little early to say whether it will be a Flat correction or not but I'm definitely expecting a move to the downside. The possibility exists that it won't go for the 5th wave up and will just drop from where it is now. Whatever the case may...
This is an update to my previous post of Tenx. Going well so far. I am looking for an impulse move to the upside. What are your thoughts? Trade with care