DXY Long and picking CAD; PT: 1.3490 (2.6R/R pt) Entry: 1.3235 SL: 1.3135 (100pips=1R/R)
hi everyone, EurUsd reached double zigzag resistance level yesterday. But resistance level is between two medium term trend lines. So wait upto Friday Japanese session and sell. Before friday Japanese session price reaches upper trend line u can enter immediate short.
First impulsive wave was completed last week and I think the correction is over. As you can see on the chart an impulsive wave occured. This wave is possibly the first wave of the third wave of higher degree. good luck. Take care
Hi Guys, NzdUsd approaching two medium term trendlines and also elliottwave count final wave only left for this impulse wave. Coming week i am going to be BUY @ 0.7100 target 0.7250 (150 Pips) Reversal expecting on Thursday (26 - 01 - 2017).
Hi freinds, we can clearly see the bottom was formed by three way structure only, so we cant expect retest the wave top. As per my elliott wave count this is iv wave correction for DEC-2015 top. Next week Monday or Tuesday GBPUSD test the 1.2213 level we can enter BUY on that level target was around 1.2486 (250 pips). THURSDAY 26 - 01 - 2016. I am expect wave reversal.
WATCH FOR BREAKOUT FOR BUY, FORECASTING THE NEW WAVE
A lot of upside momentum, breaking the current up trend line. I DON'T LIKE THIS. Anyway, if we see a lot of rejection on this 143.00 level, a short would be considered. We have had a big loss this week and we have to stick to the strategy. Haven't sticked to the rules once every two months, and this fu**s the profits up. I'm still learning, but can't wait for the...
Short on AUDJPY after a big rejection on the 61% fib. Now we are expecting this pair to go lower as the 4h chart shows a good flag and sell set up.
Hello guys, What do you think about this wave analysis? It seems we are on the beginning of the 3rd wave hear (the biggest move according to Elliot). ABC retracement is completed between 0.382 and 0.5 fib retracement levels. We can see the pair gaining more volume on 0.5 fib level with the huge bullish candlestick. Even though I am already long on this trade (see...