Pair has been in a corrective structure the last week. Price is moving next to 61,8 fibonacci retracement wich coincides with a support level. We must wait for a bullish breakout of the structure to open a long position.
Ichimoku 'Wave' forming a nice trade entry into a long position. Due to the sharpness of the wave I have added all wave projected calculations as some Ichimoku traders may see this as a 'V' wave set-up all the way to a 'E' wave. How I trade this set-up Aggressive - Enter now and place your stop on the 'C' leg (110.585). Conservative - Await for price to break...
Hi Guys look for sell the Before NFP
hi guys look for sell the breakout
Hi Guys as per structure, USDCAD Sell And AUDUSD sell i'm looking for this to go for sell
Hi Guys as i posted DXY to the upside i'm also expacting this to the upside cause of structure Trade With Care
Summer across the board, making all kinds of fake moves possible. Oil is not an exception, having hard times deciding what to do next. Time to focus on a big picture. It looks like on Tuesday, August 1st folks were reestablishing their short positions, which were closed at the end of the month, the day before. Hopefully it was a "technical" move and we will...
Hi Guys after a long ago i posted this idea hope you guys like it sell under the low if market will not break the high first! Trade With Care
The structure is beginning to take shape. It looks like wave 3 just ended and we are in wave 4 (correction). We've seen A and B corrective sub-wave. We only need the C wave and then the 5th wave (impulse up) will begin. Right now there's a short term sell setup.
Turns out my first analysis of GNTX wasn't wrong... it was just part of a bigger plan. Im Still bullish on the stock, HOWEVER, I am bullish for reasons NOT explained prior to their earnings. Fundamentally their earnings report wasn't bad, it just missed the EPS analysist mark by 1 cent....sending GNTX down to what turns out to be a HUGE magnet level. If I...
IDEAS ARE LISTED ON THE CHART. Any questions and further updated analysis will be below.
It maybe a very fast move and I am expecting this pair to drop at least 500 pips. Take a look at short-term chart update below
Last days we saw a reject from the price to the resistance level, creating a bearish correction of the last wave. As we see, correction has been broken, and if price stays above the resistance, we can expect a new bullish wave. Next resistance level-> 1.34
Market has completed its 5-3 waves cycle. It has been in a down trend (corrective move) after the 5th wave completion since the beginning of 2017. This market has now also completed the ABC Corrective wave and its ready to form its 2nd wave of the big swing (light green). Also, it has reset the entire rallied after the Trump's victory, and sitting at the same...
if the 60% Fibo breaks, then we have an chance for an long term long position