This is a good sell setup since this could be an ending diagonal and we will have the next wave down to complete the structure.We have an impulse and a correction and you can sell the breakout if you have a plan to trade it. Trade based on your own strategy
This analysis would be valid only if the USDCAD goes to a new high! If it doesn't then the downside move has already started (depending on our Wolfe Wave analysis) and we recommend to start shorting the pair with the provided stop loss price level.
Short EUR/USD at Key resistance
Hi Traders Astronacci comes again with GOLD SELL Trading idea. We are looking for a bearish trend to 1190. This trading setup based on the Astronacci Time Forecast with the Moon Aspect and 3-3-5 Flat correction. There are 70% probability that SELL trade will give you more money. More trading Strategy and LIVE trading signal at www.astronacci.com . I have made...
price should bounce from 38.2% or 50% fibonacci retracement of wave 3
It looks like the 4th wave of TVC:DXY is at an end and not going any further - it didn't break through. So 5th wave is starting and there are a lot of PIPs to gain.
Lets buy this untill upper trendline which is drawn. Goodluck. A break under wave 1 will invalidate the trade
I think this is how it's going to go. What do you think ?
HI PEOPLE. WE REACHED THE TOP OF THE MAIN WAVE CORRECTIVE STRUCTURE IN DAILY AND NOT IT IS DOING THE LAST BIG MOVE INSIDE OF IT. LOOKING AT THE H1 CHART WE SAW A GREAT OPPORTUNITY FOR A 110 PIP TRADE. JUST WAIT FOR THE SECOND CORRECTION TO BE FORMED UP AND THEN SELL THE BRAKE OUT MADE BY THE NEXT IMPULSE (THE LAST ARROW DRAWN WILL BE OUR TRADE) I AM WAITING FOR...
no trade idea just posting s&P daily wave structure for correction
I think many NZD pairs will take at least a slight dip from current levels. This setup on the hourly chart looks good to take advantage of that. Trade the breakout