I'm planning to enter at the possible end of C correction wave. Considering upcoming events XRP should see some attention on the next days. This position is a swing position but I will daytrade if I find nice oppourtunities along the way
In my opinion and with my method (Wave Analysis) we will see increasing EUR/JPY in close future
After the non-stop fall of EurUsd and how it finished up today. I see we could still land further down, however, I will be waiting to see how the markets open Sunday night and give further detail about what I will be doing with this pair. Feel free to like and comment with your personal ideas on this pair.
We still can have a quick drop (or not, because the price has already dropped below the impulse wave to form a B wave) to form a B wave before we reach the C wave to complete an expanding flat correction. Then we should lock in some profit, because we will more likely have a sharp drop to complete the regular flat correction of the big uptrend forming...
AUDUSD has been divergent for a long time, now that I'm seeing some weakness in the dollar and some strength onto the NZD and the AUD we should see these pairs rise
VIPS - Vipshop Holdings Limited has very good potential for long term profit if bounce back and close a daily candle above $7.10. Obviously, the stop loss would be set under knee the lowest point and TP will be over $30.00 in long term. Setting a buy stop at $7.10 would be a smart move. Market Report by Abdolreza Sadreddini
Hey guys , AUDJPY seems to have finished the corrective structure it has been last few months , i believe it goes up now , trend has changed possibly. Cheers!
An ABC WXY correction structure has completed with an accompanying stop-hunt within range - Bulls are expected to resume gains either by the end of this week or the start of the next - Entry, TP and SL given
Good morning everyone, we are looking at the current price of the GBPJPY pair. As you see price is on a major 4h trend line right in a consolidation zone there (marked as always in yellow boxes). Also on lower frames like the 1h it formed a nice reversal candlestick wick down and this is were we entered. It was like 30 minutes ago. Please be aware that this is a...
The ABC WXY correction has structurally been complete - Awaiting a stop hunt of yesterdays low for entry - Although the flag pattern indicates a further long, Take Profit is around the 1.312 area
I think we have a bottom (i smell it :)) my trading setup: entry positions (ledgers): L1: ~6'000 (double bottom + support from November) -> fill 70% position L2: ~5'500 (wedge bottom + average between .382 and .236 by fibonacci) -> fill 20% position L3: ~5'000 (wedge bottom + resistance from 09.2017) -> fill 10% positions stop...
GBPUSD Flat a-b-c Partern Wave C is starting...
XLM complete correction is WXY double wave combo with W making zig zag, X wave as a flat, and Y wave another zig zag.
Potential Wolfe-Wave in play for the NZDUSD. Currently LONG from $0.65355
A-B-C flat partern Elliott wave Wave C is starting now...