Stay Long on EUR/USD for next 400 pips above 1.0830EURO is set Bullish ,Positions are still holded and US economic and political sensetivity really stayed investors from USD so we are enjoying GBP EUR.
Euro is set second Bullish asset globally ,Improvemnets in growth and decreasing unemplyment with stable Business enviroment helping euro to stay Bullish vs USD
I am targetting EUR USD for 400 pips of Traget with the help of news i.e fundamentals and demand levels .
Thanks and Regards
Dipak Zed
Yens
GBPJPY a outlook. Many patterns are forming.GBPJPY comes with lots of patterns. 2 gartley patterns could form, while a triangle pattern is also forming. If we can break out of the triangle, then I will be long to the completion of the BLUE gartley pattern. Here I will take my profit.
Then if priceaction comes back at structure, I'll go long until price hits D completion of the RED gartley pattern.
Shall we see a BEARISH break of the triangle, I am short.
This pair has lots of good trades! (If you like harmonics as I do ;D )
Trade with care.
$CADJPY Smaller Wolfe Wave Nears Completion at Point 5Hello Traders,
Here is a bearish Wolfe Wave forming. This is a smaller time frame Wolfe than the larger one I have linked below and also highlighted in grey. This could potentially cancel out the larger frame Wolfe. If the larger time frame Wolfe completes at Geo"s Off-Set rule we could have a Wolfe Wave completion at 5" for the smaller Wave. It will be interesting to see how this plays out.
Side Note - The dotted orange line represents an invalidation line, something I picked up from 4xforecaster. In order to know when the projected Wolfe is invalidated, one must take the parallel of the 1-3 and place on the current point 4. If price surpasses this line, then the current Wolfe Wave is invalidated. You can view more cool lessons from 4xforecaster here: www.tradingview.com
Best,
Chartistry