


CHERIZON_WAVES
Price has broken out of the bearish channel, confirming a bullish move.
The pair is bearish, the structures keep supporting the bearish view. Short when price gives a clear entry
Having bought last week at 108.58, All we do now is refresh our analysis as we head to our Take Profit Levels. From Analysis Point of view, we might have an extended wave 1 (currently trading)
Possible last leg for the bullish move in #Usdjpy
Time to BUY once the structure is complete
Finally the bullish move is confirmed! an ending contracting diagonal just broke out above
Yesterday, We traded WAVE 3 successfully. grabbing 78 pips at the risk of below 15 pips. now we wait for wave 4 correction to finish forming and then we go LONG
After this 5 waves to form wave c and price finally hitting 161.8% fib extension, it is time to watch for a reversal to the upside.
Heavy impulse expected once the structure is complete
HIGHLY potential Downside is expected. Catch this impulse with a low risk
After a deep wave 4 correction, we are now looking to BUY Eur/Usd. Key thing to note is the invalidation level for wave 4, Fibonacci Retracement Level and Entry Level after the bearish channel is broken above.
15 min “abc” correction. smaller timeframe trades can be possible with wave analysis
CURRENTLY trading Wave 3. Expect an heavy impulse and also a complex correction in wave 4 Trade idea: Short bearish flags to touch FE 161.8
WAVES after the "ABC" correction and the bearish move, we expect price to retrace at least 61.8% therefore that is our target for the buy set up
WAVES after the "ABC" correction and the bearish move, we expect price to retrace at least 61.8% therefore that is our target for the buy set up