Briankirorio

Briankirorio

gold ha been playing within a major channel for a while. its upperv boudary was succesfully touched hence i find no reason why we should not target the lower boundary of the channel. further more my elliots wave count points out that we are triding the forth wave having completed the 3rd wave indicated by a correct wave count of smaller degree.we should see...

Briankirorio

from an elliots wave perspective we have completed the correction which implies we should see prices rise higher soon . but still the lower boundary of the channel{ THICK BLUE} has not been touched hence i think there are two possibilities 1. we have a sideways move for a while till we have a touch or prices make one more drop to the lower boundary of the...

Briankirorio

usd cad broke a m,ajor trendline within a channel ...i expect the trenline to be retested then a further rally to the top of the channel

Briankirorio

prices are closing in at the lower boundary of the channel'' volume seems to be shifting hence bulls may soon drive prices high

Briankirorio

head and shoulder completion possible resume of downtrend

Briankirorio

waiting for a pull back then i place a sell stop pending order

Briankirorio

eurnzd should almost good for a buy ... we just had a small overshoot of the lower boundary of the diagonal triangle but that is normal . there are 2 possible entries one is a close beyond 1 .67740 once prices have broken the upper boundary.... the secon is you wait for a new high to complete in the 4 hr chart

Briankirorio

nzdusd seems to be playing perfectly within the triangle on the daily chart . it is always prudent to make entry after a break of the triangle and once the direction of the trend is established

Briankirorio

gbpcad in a downward sloping channel

Briankirorio

3rd wave of a large degree waiting for completion of wave 4 before uptrend resumes

Briankirorio

waiting for a break of triangle

Briankirorio

playing within an expanding symmetrical triangle just completed wave 'e' possible upward break

Briankirorio

if my wave cont is correct we are in the 3rd wave ad it isb a new high has already been made

Briankirorio

price in the 5th wave of a third wave of one larger degree

Briankirorio

with elliots wave c is complete as as suggested by a sequence of lower lows this means we should be watching out for wave 1 of one larger degree and hence looking for short entries with trend analysis a trend line with 4 significant touches and a retest of this trendline after it was broken the retest shoud be a good enough reason for entry

Briankirorio

i think there are 2 possible outcomes for eur usd my most preffered being it fails to make a new high , breaks the trendline confirming that a small wave 2 is complete and prices move even lower .... alternatively it makes a new high invalidating the wave count

Briankirorio

eurnzd correcting within a diagonal triangle in b wave ''' i expect the upper side of the triangle will be broken with will be a confirmation of a little more uptrend

Briankirorio

completiing the 5 th wave before correcting within a channel