EURCAD is making first wave of e5 Structure After completing 5-3-5 Correction. Monthly, Weekly Daily time frames showing 1st leg is about 20-30% completed. Its next target is 1.70000 or nearby areas NEXT Weeks. For LONG Entries, price action like double bottoms or tripple bottoms or Buying on the strong supports in lower time frames would be good option. For...
GBPUSD recently touched the lowest point. Corona Infected GBP. While Dollar was Strong. Recently GBP Started Growing UP. and 4H Chart is showing a very clear Double Bottom. Nectline is still not broken. For me its long. conservative traders will waite untill neckline is break. but most of traders are long.
Chart is self explanatory. FOr me Its long. Please hit like button and follow me if you want to see more ideas.
GBPUSD was recently making correction after completing E5 Structure at the same time, on the Monthly Weekly and Daily Time Frames. Correction it made is called EXPANDED FLAT Correction. (Separate Pic of 5-3-5 is shown) As I tried to show in the chart in this pattern C goes below to A and then Boom LONG UPTREND. For me Its long. Please hit like button and...
As we can see USDJPY has just completed or near to completed Bearish BAT at the top of H4 Chart. Next will JPY will be winner and Target will be round 100-102. For me its Short Please hit like if you like my idea and follow me for more harmonic patterns.
USDJPY is completed Bearish BAT pattern on 4H chart. Most likely It will touch 102 or may be 100. For me Its short. Please hit like button if you like my idea.
As we saw USDCAD was being pumped by the BIG Banks from last two days UPward. Now I think Its gonna go down with the 90 Degree Angle as there is RSI Bearish Divergence Found at the TOP of the Daily Chart. Here We can Expect 1.3600 or 1.3500 level will be touched soon. Please hit the like button and follow for new ideas.
Last Week USDJPY completed E5 Structure and now its doing ABC Correction A & B are completed already now its will have to complete C leg of ABC Correction.Its a short with big SL as I noticed Big banks are already active in it and prices are moving up and down rapidly. Currently USDJPY prices are moving around 106.800. in USDJPY BIG BANKS are active already. It...
OMG chart is showing clearly what happened with XAUUSD after making Bearish Shark in H4 just at the TOP. For me it really worked perfectly last week and gave me good number of pips as well in short entries. I think Gold has been retraced alot we can Expect a nice bull back here. As per thumb rule any fallen market should be expected to get pull back not less...
As daily chart is showing clearly that USDcad has just completed the E5 Structure. Now It will go ABC Correction. So We can Expect to much RETRACEMENT. But It May go Until 1.36000 Or 1.35000 Maximum. Then it will get a pull Back for ABC Correction and then Again for it will go down to complete its C leg of ABC Correction. For me its short and I am already...
Guys my setup for last week worked really well with very good number of pips. As you can see in Daily chart GU was making 3rd leg of E5 Structure. 3rd Leg is almost completed or near to complete. GU might slip little below here until 1.22000 or can get pull back here also. For Me I will look for LONG entries here. After this there will be a pull back until...
As i said at the start of the week its next target is 1.27500 or nearby areas. GU my lovely babe did the same......
Only Weekly and Daily Time Frames EURUSD has completed the E5 wave structure. And its making ABC Correction. For the Time being its Short. Red WAVES are E5 Structure on Weekly Chart while Blue lines are E5 Structure in Daily Time Frame. Note that I can get pull back again during this correction but its long term target is downward. I think Shorting EURUSD is...
Thats called the speculation......... When over 60% retailers were short it went long It's short for me. Please hit like button.
GBPUSD on Hourly Chart showing clearly that It has almost complete its 2nd wave. Price is testing strong Resistance. But RSI bearish Divergence found in the Hourly Chart. Most chances are price will go down but It may again go high to test the same resistance. For Me its Short with little High SL. Please hit like button if you like my idea and follow me for new ideas.
On H1 Gold have completed Bearish Bufferfly and got multiple rejections from 1690 level. It seems like Gold have completed the 5th wave here and now preparing for the ABC correction. In the next session there are two reasons for me to go short. 1. Bearish butterfly at the highest price of GOLD. 2. Bearish Divergence in RSI. Gold might test the resistance for...
As per E5 Structure Gold will have to go down in upcoming days. for me is down. Please hit like if you like my idea.
Chart telling everything. One think I will add that is. Buyers will push it towards 144. For me its LONG.