Noorul
GOLD - LONGPrice is in a 5 wave uptrend. Wave 4 typically has an abcde correction which we are seeing now. Will look for buys at 1680 region
CADJPY - Setting Up for a Big WavePrice has reversed and is now in an uptrend. Currently in an abcde correction and waiting for the next impulse leg.
In the meantime, will be looking to take a short for the e wave.
AUDJPY - High Probability SHORTSetting up for a high probability short with loads of confluences. See chart for info
EURAUD - LONG (MACD Divergence)Last time there was a MACD Divergence, we saw a 650 pip rally.
Similar thing is happening now. Price currently making an ending diagonal
XAUUSD (GOLD) - 2 Scenarios. Bullish/BearishSee chart for info. Will await retest of levels before entering
XAGUSD (SILVER) - 2 scenarios. Bullish/BearishWatch price to restest any of those 2 areas correctively and then enter the trade.
GOLD will follow closely
USDCHF - SHORTS ApproachingWatch for break of ascending correction, ideally around 618 level and then short.
USDCHF - SHORT (2 High probability areas)Watch for retest of the 2 areas shown.
Stoploss above retracement leg.
DXY - Watch for correlation with other USD PairsDXY UP = Bearish XXXUSD + Bullish USDXX
DXY DOWN = Bullish XXXUSD + Bearish USDXXX
EURAUD - LONG - 600pip TargetPrice broke descending trendline and structure with an impulse. Await retracement to finish and retest the broken structure.
Enter on retest.
Stoploss below completed retracement low
TP next structure levels
EURCAD - 400pip SHORTSee chart for entry.
Stoploss:
Entry 1: stop loss above pattern
Entry 2: Stoploss above retest level
TP: 1.515
EURNZD - 500pip SHORT (Not to be missed!)Price within a channel
Broken trendline
Entry:
Now or wait for a pullback
Stoploss: Above channel
TP: Double Bottom
CADCHF - SHORT (After retest)Watch for retracement to finish and retest the broken support and trendline
