AUDCHF, Correction is over soonHi there,
the flat on the 15M will be completed in a few hours, giving us another impulse up. I will be waiting patiently for this trade.
MisterRay
Wavetheory
EURGBP, Huge Move Up AheadHi there,
EURGBP is ready for the next big move up according to the information I have right now. We finished the correction, now going for the next impulsive move up. My plan is to wait for a correction on the smaller time frame, then I'll strike for the buy. This move has a potential of couple hundred pips.
MisterRay
EURCAD Trend Continuation, Strong Impulse in ProgressHi there,
We have completed the regular flat and are now starting the next impulse. My trade would be on the 1H time frame (or even lower) once another flat forms in order to get into the buy (2nd position). First position was at the bottom of the structure.
I am now expecting the next big impulse up, except something changes drastically in the structure.
MisterRay
LTCUSD bullish projectionsThose of you that keep in personal contact with me see me do TA on coins like LTC, EOS. I don't make these public usually for a few different reasons.
Today I give you guys a late LTC call. Plenty chance to hop in on a drawdown if you are looking for an entry. This is a V wave, but it can easily pass our V target. Be prepared for either scenario.
BTCUSD Bullish projectionsIf you don't know the drill by now I think you need help.
Watch for possible rejection near the E target of our last wave, linked to this post.
Frankly this looks like an E wave.
God help us.
CADJPY Possibly Started Going Up AlreadyHi there,
I see a smaller correction marked with green arrows. The last three daily candles show some strong move up and if this is the C wave, I believe that we could be seeing a completion of the regular flat soon.
Looking at the bigger picture, if we go down from here, I could imagine seeing a further move down to complete the regular flat (marked in blue + orange arrows) and then the next impulsive move up.
We will see how it develops. The more information I get on this chart, the easier it will be to understand what is going on.
MisterRay
AUDJPY, Three Options, All Show UpsideHi there,
I have analyzed the AUDJPY on the daily and found three possible outcomes whereas all three point to the upside.
Option 1 is that we are completing a regular flat and we are heading higher.
Option 2 is that we are completing a regular flat on the bigger picture and we are moving higher.
Option 3 is that we are moving much lower and then we will get the impulse up.
My forecast can change depending how the chart develops but as of now, this is my predicition.
MisterRay
EURUSD Preparing For Another Impulsive Move UpHi there,
With the information I have now on the chart, I believe that the price is forming a regular flat (could also be a squeezing flat, not breaking the low) and it is preparing for another impulsive move up.
Let's see how it develops.
MisterRay
BTCUSD Bullish ProjectionsBTC has just broken up past its previous high making a new wave. B has been breached and the targets are already confirmed.
Watch for a possible rejection. I would take profit on riskier/larger positions at N and V. But it seems to me that this is an E wave. It seems all bitcoin likes to make lately are E waves.
Keep in mind the possible rejection at just around the area that would complete our last wave's E target. Watch close for a turnaround here.
Otherwise we have some targets to look forward to.
AUD/JPY - SOLD 85.80 SELL LEVEL 1 - sold here, 2 Lots at 85.80. EVEN THOUGH I KNOW it can will likely go up for another 50-pips against me...no big deal....
.......i'm tired and going to bed It's 04:19 am and I just got back from a concert....
....NOT WAITING FOR THE PERFECT SET UP.
Long Idea on EURCADHere is the bigger picture for EURCAD. Wait for another leg down in the descending channel and look for opportunities to go long.
NZDCAD Weekly: Bullish BiasPrice has found itself at the bottom of the bigger pattern and I am expecting a breakup out of the falling wedge. Look to go long soon. Good luck
Long EURJPYEURJPY is ready for buys. Look to get in after a continuation pattern if you aren't already in.
EURUSD - Weekly Outlook 26/11/2017 I have been trying to get a better understanding of the waves in the market and seeing where other patterns come into play and can help give some confluence to the direction.
Although we have had a very bullish close last week, what the chart is presenting me with is a very Bearish opportunity.
Price has been consolidating in the channel and From what I can see I think there is some further down side to come before a further impulse in price up.
There have been a couple of Advanced patterns in the last couple of months on the Daily Timeframe / Weekly.
First a Bullish Bat which if you had 2 target approach you would of hit the 0.382 fib and pushed up at high as the 0.50 fib, at this point price moved back down giving us an equal measured moved.
Second pattern which has just completed is a Bearish Cypher, this along with price respecting the top of the channel & making a Higher Low I believe we are going lower.
Bullish thoughts regarding ETHThe chart is complete with notes to explain my thinking. People ask why I have been so bullish on ETH. Aside from ETH currently being in a bull cycle> More about the time cycles of ETH and the price targets for its current movement explained here:
ETH is also completing a massive pattern on a larger scale that is getting me excited. This five wave certainly looks bullish to me, based on the price action within the pattern.
This is the reason why I have been so bullish on ETH
Long Term View on PalladiumHere we have a potential reversal zone for Palladium. We have a couple of indications: MACD and RSI at oversold conditions as well as noticeable divergence on both. Good luck everyone.
