EdgarsFX

EdgarsFX Updated 

GBPUSD is closing in to fibo level 38,2 of the last weeks drop, pair have been trading in the wedge formation, so soon there will be a good place to enter sell order. TP atleast fib 127,2 level areoun price 1,245. Good luck.

EdgarsFX

So yesterdays candle was really good for bears, but I was expecting it to break past February 27th daily candle, which it hasn't done yet, if it gose below it and closes below it. I would consider to sell more in a good place, but for now it doesn't look good. Good luck trade safe.

EdgarsFX Updated 

For now this is how I see that updated H&S. Until price breaks past head I expect price to turn around. Good luck.

EdgarsFX

EURAUD possible H&S. On daily chart price has gone past strong ressitance level, but on 4h it's still knocking at the door. Lets see how this daily candle ends, but until price hasn't gone past head, I will keep adding small sell orders. Good luck.

EdgarsFX

GBPAUD H&S pattern is still valid. Price have tested neckline multiple times and been nicely rejected. 1st TP form move downward is around 1.727, but if you hold short orders for longer than I expect 1.655, there I will look at chart for what to expect next. Good luck.

EdgarsFX

GBPAUD break the neckline of the head and shoulders pattern, now making a retest on 4h, looks like we will get ABC pattern. Tp for this move is fib 1.272 or around 1,7135. Ultimate TP for wave 3 on 1d chart 1,700. I'll keep posting updates on this idea.

EdgarsFX

Looks like we have Head and shoulders pattern with completed wave 3 on 4h, so now when price break neckline I expect it to go down to atleast fibonacci 1.618. 3rd wave.

EdgarsFX

EWC went a bit lower than I expected but now this pull back to wave 1 will just make BTC fall even lover that previous expected. Per EWC 4th wave should touch wave 1. Wave 1 still lines up with fib 50 level pretty great. So now I expect every laser eye yell that BTC is back, but my ultimate BTC target now lower at around 6500$. Good luck and trade safe....

EdgarsFX

Previous ideas is flying in the can below the desk. Wedge wasn't valid and now it looks like a ascending chanel in uptrend it means more up. entry point for me is previous support level @ 1.229. Tp will be around fib 1.27 level wich lines up good previous high. While I was writing this GU broke through top of the chanel, so now i wait for the test.

EdgarsFX

H&S isn't valid, but that rising wedge still is. We need to wait how day closes but on 4h, there is possible double top. And on 15 min and 30 min we had a nice 5 wave move.

EdgarsFX

GBPUSD is at strong resistance level @1,2237 and it looks like we are getting rising wedge, if wedge is valid then tp is areound 1,211 and then I'm keeping my opnes to see if we can get a H&S pattern.

EdgarsFX

Looks like a nice falling wedge, bottom line of it the has been broken but that blue support line holds too damn well. if it breaks we should see atleast 1,044.

EdgarsFX

I'll keep it simple wtih this one. BTC is a 4th corecttion wave, in theory 4th wave needs to touch 1st wave before going down. In this is idea you can see that 1st wave bottom is in a perfect place for fib 50. So if 4th wave reacheas 1st wave around 32k and gets rejected on further move up, we can easily expect btc to go down to around 10k. Good luck and...

EdgarsFX

Gold has gone below some key support level. friday it tested it, so now I expect some long term move down. On weekly vhart there is a big wedge some it's possible that price will test bottom of it.

EdgarsFX Updated 

GBPUSD has reached my Tp from pt. 5.3. 1,14 is astrong support level and I'll start buying here, with a small lot because there is possibility GBPUSD can reach 1,137

EdgarsFX

This what I expect from GU. There is 2 scenarios. 1st. price come down to blue trendline and move up to 1,16 level and tests fibo 50 and completes ABC and gows back down to ~ 1,14 level. 2nd. Price come down to test blue trendline andd breakes 1.16 level and goes back up and ultimately reches ~1.19 area. Right now for short term I think that the 1st is more...

EdgarsFX

Wedge has beem broken, after retarce to fib 50 level price have reached it's target at fib 1,272. Today market opened with a big gap, now I expect price to close this gap.

EdgarsFX Updated 

Unfortunately, my previous idea wasn't zoomed out enough. As we can see, we have one big falling wedge on 4h and one smaller on 1h. Tp 1 is for the smaller wedge, but it can also go lower for the top line of the big wedge. TP2 is for big wedge and if it is valid, it will take some time to fill. Good luck and trade safe.