ASAMForex

ASAMForex

This setup is clear about the future path in this pair, but remember corrective patterns sometimes may combine up to three patterns in a row. In this pattern there is greater chance of have a turn at the current point due to the presence of supply zone. In a more detailed view in lower time frames, it shows a slight rise then opportunity to sell.

ASAMForex

In lower time frames it indicates a short downward move to complete wave number 5. Then after we will be watching for the better buy setups in this pair.

ASAMForex

The general picture of the price is in ABC correction with wave "B" in Triangle pattern. The structure has already opened to the downside, so we expect a pullback then continuation to the downside.

ASAMForex Updated 

In daily timeframe EURUSD is forming a corrective pattern (Expanding flat), Currently is in wave 3 of 4 of 'C". We expect correction during formation of wave four of lower degree followed by upward move in completion of wave 5 of 4 of "C". In lower timeframes we may have good selling opportunities.

ASAMForex

In this pair currently we are looking for the possible breakout of the support region. when this occurs provide an opportunity for downward move to complete wave 1 down.

ASAMForex

Since yesterday I was trying to understand the kind of corrective pattern that is forming in USDCAD, today I have come with this pattern. We expect the price to rise up to wave number 5 of wave "C" of the ABC flat correction. After this movement the price will fall forming the wave that will be wave 1 of an impulse or an ABC structure if there will be combination...

ASAMForex

At the current price position, it has completed wave "A" which has a form of LEADING DIAGONAL. We expect the price to correct in wave "B" then continue to the down side completing wave "C" of the smaller corrective structure.

ASAMForex

I want you to add your own understanding of market analysis to show where the price will advance to. In the 1:1 ASAM Traders Guiding we have a clear direction for this. Workout for your own way.

ASAMForex

Due to changes in various market condition especially at demand and supply zones, we make a time to time cross check and update some counts. Check the previous Idea on this pair, identify updates then keep on watching the price movement.

ASAMForex

We have double zigzag pattern (WXY) in AUDUSD up to the current price point, at this point there is a supply zone, this gives high probability for price to turn at here. Wait for price to act at the zone before you take any action because it may correct shortly then continue upward if there will be another corrective structure to form WXYXZ.

ASAMForex

Here I have depicted the Inverted Head and shoulder at a "Y" region of my wave counts, this add confluence to the buy trades in EURAUD. Watch for perfect entry for this setup.

ASAMForex

This picture show a clear pattern formed in USDCAD from past weeks then price broken it yesterday. What we have to watch is a retest that will be a wave number 4 of an impulse developed to the sown side. After number 4 correction which is expected to span up to 0.38 Fib, we will be sell in wave 5. But in general we still have a long distance downward move to...

ASAMForex

We have that move projected several days ago, and today it has reached the top where we expect a turn to the downside to occur. Remember to be patient waiting on how the price will act at the current zone. Due to various market conditions the price may keep on rising to a certain extent then have a turn.