I have entered an aggressive short position based of candlestick analysis Entry reasons are the big pin bar and the following inside day candle Stops are right above structure and targets are at my super buy zone
This setup is looking pretty clear , we have an impulse to the downside, it was correcting until now making an ABC correction now it looks like it wants to break to the downside for the next impulse which will be likely to hit 111.70 area.I'll be looking to sell this after a sell setup appears on lower timeframes. Trade your plan
It may not seem much. But here is the forecast till the end of 2017.
Looking through dollar index we're on a corrective phase right now.We're looking to break the correction for more upside until 97.00 area then from then we would have an ABC correction finished so we would look for downside targeting 94.30 area.So the way it looks now we'll have an upmove to 97.00 then downside to 94.30.I'll be looking to enter after confirmation...
New Zealand Idea , I was thinking about waiting for weekly close and then decide whether to enter short or long !
Reliance on the way from 2008 to till date fell in to the TRIANGLE pattern. Pattern maturity date very close to broke the pattern either side. But as per my wave count reliance going to trigger next bear rally on INDIAN MARKET. November - 2016 play an major role on reliance.
Hello traders, Looking back on EURUSD this is what I see from an elliotician perspective. I hope you find this helpful for your future wave count. Please notice how the Fib. time zone tool complies with the wave count. Trade safe, trade well.
GBPUSD it's on the B corrective wave, I m looking to go short for the C wave after a sell setup appears on lower timeframes , which will complete the ABC corrective structure before heading for the next impulse up. Trade your plan
GER30 in a Channel 2015- Down Channel 2011- UP Channel From Current level of 103900 Looking for Break UP or Bounce Down iBrokers www.ibrokers.ee
I think we are in a triangle of wave 4 of (C) In triangle, i think EURUSD has remain one wave up (wave e) Depend on you guys to wait for sell when wave e finish or trading buy in wave e. TP 1.14 - 1.15 Cheers.